2907 Morse CtBakersfieldCA93308
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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 2907 Morse Ct, Bakersfield, CA, 93308 listed at $328,500 pairs $2,342/mo rent with a $1,608/mo payment to leave $310/mo cash flow. Total monthly income runs $2,342/mo, and annual cash flow reaches $3,716/yr on $108,898 cash to close. Return on cash invested measures 23.32% in year one, and rental yield registers 8.56% at a $328,500 basis. Equity gained on principal adds $2,120/yr, and annual property appreciation at 5% supports $90,758 by year five. Five-year ROI tracks 121.14% and total cumulative return in cash totals $131,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,342/mo property income relative to a $1,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
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Listed by: Kyle A. Lawson • Wayside, Realtors
Mls Name: Bakersfield AOR
Mls ID: #202508035