3901 Noel PlBakersfieldCA93306
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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
Investment property for sale in Bakersfield at 3901 Noel Pl, Bakersfield, CA, 93306 at $125,000 posts ROI 26.41% with $225/mo cash flow from $998/mo rent. Total monthly income equals $998/mo, and annual cash flow records $2,694/yr on $41,438 to close. Return on cash invested measures 26.41% and rental yield reads 9.58% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 137.77% and total cumulative return in cash totals $57,089.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1959
6.79 Acres 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: Carlos A. Navarro • Watson Realty
Mls Name: Bakersfield AOR
Mls ID: #202512772