3000 S Chester Ave SPACE 12BakersfieldCA93304
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
Investment property for sale in Bakersfield at 3000 S Chester Ave SPACE 12, Bakersfield, CA, 93304 earns from $905/mo rent with a $563/mo payment. Total monthly income totals $905/mo. ROI tracks 2.36% on current figures, and rental yield reads 9.44% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 17.37% and total cumulative return in cash sums $6,621. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $905/mo property income instead of your personal income.
Manufactured
Built in 1979
1 sqft lot
$N/A/sqft
$751 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diego A. Lobaton • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504773
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.