3420 Palagetto PlBakersfieldCA93314
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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 3420 Palagetto Pl, Bakersfield, CA, 93314 offers a 8.76% rental yield on a $706,000 purchase with $5,156/mo rent. Total monthly income registers $5,156/mo, and a $3,456/mo payment leaves $434/mo available for distribution. Annual cash flow reaches $5,213/yr on $232,274 to close, and return on cash invested stands at 22.3% in year one. Equity gained on principal adds $4,556/yr while 5% annual appreciation supports $195,055 over five years. Portfolio math shows five-year ROI at 116.32% and total cumulative return in cash at $270,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,156/mo property income against a $3,456/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.52 Acres lot
$N/A/sqft
$83 monthly HOA
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Listed by: Gina L. Colon • Pinnacle Estate Properties, In
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202506456
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.