3609 Planz RdBakersfieldCA93309
Nearby investment properties with comparable rents
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 3609 Planz Rd, Bakersfield, CA, 93309 offers a 7.93% rental yield on a $395,000 purchase with $2,609/mo rent. Total monthly income registers $2,609/mo, and a $1,933/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,989/yr on $130,943 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 110.98% and total cumulative return in cash at $145,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,609/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Nearby investment properties with comparable prices
Listed by: Marshall S. Sanders • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503803
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.