300 Golden Dr, Bakersfield, CA, 93306 | $1,890/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bakersfield at 300 Golden Dr, Bakersfield, CA, 93306 priced at $298,000 converts $3,734/mo rent into $1,890/mo cash flow after a $1,459/mo obligation. Total monthly income equals $3,734/mo, and annual cash flow totals $22,681/yr on $98,787 invested. Return on cash invested prints 42.87% in year one, and rental yield reads 15.04% against a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation compiles into $82,332 by year five. Five-year ROI reaches 226.01% and total cumulative return in cash sums $223,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,734/mo property income covering a $1,459/mo payment, not borrower’s personal income.

Single Family

Built in 1950

0.33 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