3001 Odessa Ct,Bakersfield,CA,93312

Investment Highlights

Rental property for sale in Bakersfield at 3001 Odessa Ct, Bakersfield, CA, 93312 priced at $389,980 converts $2,760/mo rent into $151/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $1,809/yr on $129,278 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 8.49% against a $389,980 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,744 by year five. Five-year ROI reaches 111.01% and total cumulative return in cash sums $143,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,909/mo payment, not borrower’s personal income.