2927 Skyline BlvdBakersfieldCA93305
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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
Rental property for sale in Bakersfield at 2927 Skyline Blvd, Bakersfield, CA, 93305 generates $2,412/mo in rent and, after a $1,223/mo payment, leaves $866/mo in cash flow. Total monthly income is $2,412/mo, and annual cash flow is $10,395/yr on $82,842 invested. Return on cash invested sits at 32.46% in year one, and rental yield is 11.58% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 170.16% and total cumulative return in cash sums $140,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,412/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
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Listed by: Juan Alderete • Park Regency Realty
Mls Name: CRMLS
Mls ID: #SR26007337