3000 S Chester Ave SPACE 22BakersfieldCA93304
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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 3000 S Chester Ave SPACE 22, Bakersfield, CA, 93304 priced at $110,000 pairs $2,980/mo rent with $2,300/mo cash flow after a $538/mo payment. Total monthly income equals $2,980/mo, and annual cash flow comes to $27,599/yr on $36,465 invested. Return on cash invested is 95.6% in year one, and rental yield stands at 32.51% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 508.69% and total cumulative return in cash reaches $185,496. For financing, Ziffy Mortgage’s DSCR program evaluates $2,980/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2006
4,499 sqft lot
$N/A/sqft
No 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
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Listed by: Danni N. Hernandez Flores • Elite, Realtors
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202506490
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.