3501 Bernard St UNIT 32BBakersfieldCA93306
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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
Investment Highlights
Investment property for sale in Bakersfield at 3501 Bernard St UNIT 32B, Bakersfield, CA, 93306 earns from $1,886/mo rent with a $1,170/mo payment. Total monthly income totals $1,886/mo. ROI tracks 19.49% on current figures, and rental yield reads 9.47% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 103.01% and total cumulative return in cash sums $81,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,886/mo property income instead of your personal income.
Condo
Built in 1982
3.22 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Listed by: Kyle McMahan • Brimhall Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505938
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.