2617 Earlene AveBakersfieldCA93304
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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 2617 Earlene Ave, Bakersfield, CA, 93304 uses $109,064 cash to close to unlock $4,812/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $2,436/mo, and a $1,610/mo payment keeps the spread at $401/mo. Purchase price stands at $329,000, and rental yield measures 8.89% with $2,436/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 126.54% and total cumulative return in cash records $138,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,534 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: LeAnn Rena Terry • Century 21 Jordan-Link & Co
Mls Name: Bakersfield AOR
Mls ID: #202512911