2709 Fawndale CtBakersfieldCA93306
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 2709 Fawndale Ct, Bakersfield, CA, 93306 uses $135,584 cash to close to unlock $2,132/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $2,708/mo, and a $2,002/mo payment keeps the spread at $178/mo. Purchase price stands at $409,000, and rental yield measures 7.95% with $2,708/mo rent. Return on cash invested shows 21.48% in year one, and 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 111.27% and total cumulative return in cash records $150,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,708/mo property income covering a $2,002/mo payment rather than investor’s personal income.
Single Family
Built in 1979
8,276 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: Terri Garcia • New Generation Real Estate Gro
Mls Name: Bakersfield AOR
Mls ID: #202600799