3614 L StBakersfieldCA93301
Nearby investment properties with comparable rents
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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 3614 L St, Bakersfield, CA, 93301 offers $1,154/mo rent that, after a $1,258/mo payment. Total monthly income is $1,154/mo. Return on cash invested measures 13.77% in year one, and rental yield stands at 5.39% at a $257,000 entry. Equity gained on principal adds $1,658/yr while 5% annual appreciation compounds into $71,004 by year five. Five-year ROI records 69.95% and total cumulative return in cash reaches $59,592. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,154/mo property income versus a $1,258/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93301, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,080 (100%) |
| Owner Occupied HU | 1,664 (27.4%) |
| Renter Occupied HU | 4,036 (66.4%) |
| Vacant Housing Units | 380 ( 6.2%) |
| Median Home Value | $355,124 |
| Average Home Value | $407,683 |
Housing Distribution
Address Breakdown
Residential
5,756
Single Family
3,870
Multi-Family
1,886
Businesses
2,033
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Listed by: Justin S. Yim • Uhler Mortgage Solutions Inc.
Mls Name: Bakersfield AOR
Mls ID: #202509459