2604 Clara CtBakersfieldCA93304
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bakersfield at 2604 Clara Ct, Bakersfield, CA, 93304 with 5% annual appreciation on a $250,000 basis while $1,997/mo rent supports operations. Total monthly income totals $1,997/mo and a $1,224/mo payment preserves $450/mo for cash returns. Annual cash flow comes to $5,401/yr on $82,875 deployed, and return on cash invested reaches 26.43% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 9.59%. Five-year ROI measures 137.84% and total cumulative return in cash totals $114,238.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,997/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1990
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Kris L Heriford • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505160
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.