2913 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
Rental property for sale in Bakersfield at 2913 La Costa St, Bakersfield, CA, 93306 priced at $702,500 pairs $1,844/mo rent with after a $3,438/mo payment. Total monthly income equals $1,844/mo. Return on cash invested is 6.93% in year one, and rental yield stands at 3.15% on a $702,500 basis. Equity gained on principal adds $4,533/yr, and 5% annual appreciation accumulates to $194,088 by year five. Five-year ROI measures 33.27% and total cumulative return in cash reaches $76,893. For financing, Ziffy Mortgage’s DSCR program evaluates $1,844/mo property income against a $3,438/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1979
0.26 Acres 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
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Nearby investment properties with comparable prices
Listed by: Michael Aaron Freedman • American Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503296
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.