324 Lincoln AveBakersfieldCA93308
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 324 Lincoln Ave, Bakersfield, CA, 93308 at $219,000 posts ROI 22.32% with $146/mo cash flow from $1,582/mo rent. Total monthly income equals $1,582/mo, and annual cash flow records $1,753/yr on $72,599 to close. Return on cash invested measures 22.32% and rental yield reads 8.67% at the current $219,000. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 by year five. Five-year ROI prints 116.33% and total cumulative return in cash totals $84,453.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,582/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Aaron Freedman • American Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505374
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.