3501 Bernard St UNIT 33CBakersfieldCA93306
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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 3501 Bernard St UNIT 33C, Bakersfield, CA, 93306 earns from $1,763/mo rent with a $1,126/mo payment. Total monthly income totals $1,763/mo. ROI tracks 19.54% on current figures, and rental yield reads 9.2% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 102.97% and total cumulative return in cash sums $78,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,763/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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Nearby investment properties with comparable prices
Listed by: Hannah Chay-Som • Better Homes and Gardens RE
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500983
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.