2705 La Costa StBakersfieldCA93306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2705 La Costa St, Bakersfield, CA, 93306 listed at $468,000 pairs $1,621/mo rent with a $2,291/mo payment. Total monthly income runs $1,621/mo. Return on cash invested measures 10.05% in year one, and rental yield registers 4.16% at a $468,000 basis. Equity gained on principal adds $3,020/yr, and annual property appreciation at 5% supports $129,300 by year five. Five-year ROI tracks 49.98% and total cumulative return in cash totals $77,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,621/mo property income relative to a $2,291/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael A. Velasquez • Open Door Real Estate
Mls Name: Bakersfield AOR
Mls ID: #202508154