3701 Harvard Dr,Bakersfield,CA,93306

Investment Highlights

Investment property for sale in Bakersfield at 3701 Harvard Dr, Bakersfield, CA, 93306 offers a 9.63% rental yield on a $341,175 purchase with $2,738/mo rent. Total monthly income registers $2,738/mo, and a $1,670/mo payment leaves $627/mo available for distribution. Annual cash flow reaches $7,528/yr on $113,100 to close, and return on cash invested stands at 26.56% in year one. Equity gained on principal adds $2,202/yr while 5% annual appreciation supports $94,260 over five years. Portfolio math shows five-year ROI at 138.56% and total cumulative return in cash at $156,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,738/mo property income against a $1,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.