3112 Ranchgate DrBakersfieldCA93312
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 3112 Ranchgate Dr, Bakersfield, CA, 93312 at $360,000 posts ROI 20.77% with $86/mo cash flow from $2,568/mo rent. Total monthly income equals $2,568/mo, and annual cash flow records $1,033/yr on $119,340 to close. Return on cash invested measures 20.77% and rental yield reads 8.56% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 108.44% and total cumulative return in cash totals $129,417.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Dawn Aronson • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202502853
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.