3601 S Chester Ave SPACE 1BakersfieldCA93304
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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
Rental property for sale in Bakersfield at 3601 S Chester Ave SPACE 1, Bakersfield, CA, 93304 generates $1,920/mo in rent and, after a $978/mo payment, leaves $654/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $7,846/yr on $66,263 invested. Return on cash invested sits at 31.75% in year one, and rental yield is 11.53% on a $199,888 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,225 over five years. Five-year ROI reaches 166.53% and total cumulative return in cash sums $110,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Manufactured
Built in 1978
6,098 sqft lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Jaspreet Dhillon • Next Level Realty & Loans Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500702
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.