3208 Jewett AveBakersfieldCA93301
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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 3208 Jewett Ave, Bakersfield, CA, 93301 priced at $850,000 converts $1,724/mo rent into after a $4,160/mo obligation. Total monthly income equals $1,724/mo. Return on cash invested prints 4.9% in year one, and rental yield reads 2.43% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 22.3% and total cumulative return in cash sums $62,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,724/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Multi Family
Built in 1927
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93301, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,080 (100%) |
| Owner Occupied HU | 1,664 (27.4%) |
| Renter Occupied HU | 4,036 (66.4%) |
| Vacant Housing Units | 380 ( 6.2%) |
| Median Home Value | $355,124 |
| Average Home Value | $407,683 |
Housing Distribution
Address Breakdown
Residential
5,756
Single Family
3,870
Multi-Family
1,886
Businesses
2,033
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Listed by: Andrea Palacios • Wayside, Realtors
Mls Name: Bakersfield AOR
Mls ID: #202513654