3424 Candlewood Dr,Bakersfield,CA,93306

Investment Highlights

Investment property for sale in Bakersfield at 3424 Candlewood Dr, Bakersfield, CA, 93306 offers a 10.02% rental yield on a $357,000 purchase with $2,980/mo rent. Total monthly income registers $2,980/mo, and a $1,747/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $9,002/yr on $118,346 to close, and return on cash invested stands at 27.52% in year one. Equity gained on principal adds $2,304/yr while 5% annual appreciation supports $98,633 over five years. Portfolio math shows five-year ROI at 143.73% and total cumulative return in cash at $170,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,980/mo property income against a $1,747/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.