3017 Potomac AveBakersfieldCA93307
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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 3017 Potomac Ave, Bakersfield, CA, 93307 generates $1,954/mo in rent, after a $8,076/mo payment. Total monthly income is $1,954/mo. Return on cash invested sits at 1.84% in year one, and rental yield is 1.42% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 5.86% and total cumulative return in cash sums $31,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,954/mo property income rather than buyer’s personal income.
Multi Family
Built in 2010
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 13,028 (50.4%) |
| Renter Occupied HU | 11,703 (45.2%) |
| Vacant Housing Units | 1,142 ( 4.4%) |
| Median Home Value | $284,043 |
| Average Home Value | $335,164 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
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Listed by: Roger V. Magana • Golden Valley RealEstate Group
Mls Name: Bakersfield AOR
Mls ID: #202513774