3333 El Encanto Ct APT 41BakersfieldCA93301
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
Rental property for sale in Bakersfield at 3333 El Encanto Ct APT 41, Bakersfield, CA, 93301 generates $1,810/mo in rent and, after a $950/mo payment, leaves $342/mo in cash flow. Total monthly income is $1,810/mo, and annual cash flow is $4,109/yr on $64,311 invested. Return on cash invested sits at 26.3% in year one, and rental yield is 11.2% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 138.95% and total cumulative return in cash sums $89,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,810/mo property income rather than buyer’s personal income.
Condo
Built in 1971
4.06 Acres lot
$N/A/sqft
$267 monthly 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: Carlos Sanchez • Solutions Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202506652
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.