3405 Rio Grande Ln, Bakersfield, CA, 93313 | $1,232/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bakersfield at 3405 Rio Grande Ln, Bakersfield, CA, 93313 priced at $380,000 pairs $3,614/mo rent with $1,232/mo cash flow after a $1,860/mo payment. Total monthly income equals $3,614/mo, and annual cash flow comes to $14,789/yr on $125,970 invested. Return on cash invested is 31.65% in year one, and rental yield stands at 11.41% on a $380,000 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,987 by year five. Five-year ROI measures 165.91% and total cumulative return in cash reaches $208,993. For financing, Ziffy Mortgage’s DSCR program evaluates $3,614/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2009

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93313, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,359 (100%)
Owner Occupied HU	13,687 (74.6%)
Renter Occupied HU	4,045 (22.0%)
Vacant Housing Units	627 ( 3.4%)
Median Home Value	$372,156
Average Home Value	$428,084