3721 Candlewood DrBakersfieldCA93306
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 3721 Candlewood Dr, Bakersfield, CA, 93306 earns $344/mo cash flow from $2,586/mo rent with a $1,774/mo payment. Total monthly income totals $2,586/mo, and annual cash flow totals $4,125/yr on $120,169 capital. ROI tracks 23.34% on current figures, and rental yield reads 8.56% at a $362,500 purchase. Equity gained on principal adds $2,339/yr, and 5% annual appreciation supports $100,152 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash sums $145,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,586/mo property income instead of your personal income.
Single Family
Built in 1961
6,534 sqft lot
$N/A/sqft
No 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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Listed by: Veronica S. Madera • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505445
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.