2824 N Half Moon DrBakersfieldCA93309
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
Rental property for sale in Bakersfield at 2824 N Half Moon Dr, Bakersfield, CA, 93309 priced at $700,000 pairs $1,914/mo rent with after a $3,426/mo payment. Total monthly income equals $1,914/mo. Return on cash invested is 7.47% in year one, and rental yield stands at 3.28% on a $700,000 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 36.1% and total cumulative return in cash reaches $83,128. For financing, Ziffy Mortgage’s DSCR program evaluates $1,914/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1979
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Listed by: Michael R. Green • Michael Green Investment, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504813
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.