3406 Elm StBakersfieldCA93301
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 3406 Elm St, Bakersfield, CA, 93301 at $394,444 posts ROI 21.92% with $220/mo cash flow from $2,660/mo rent. Total monthly income equals $2,660/mo, and annual cash flow records $2,634/yr on $130,758 to close. Return on cash invested measures 21.92% and rental yield reads 8.09% at the current $394,444. Equity gained on principal adds $2,545/yr, and 5% annual appreciation supports $108,978 by year five. Five-year ROI prints 113.64% and total cumulative return in cash totals $148,595.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,660/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
9,147 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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Nearby investment properties with comparable prices
Listed by: Michael C. McCracken • MM and Associates
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504585
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.