3924 Majorca CtBakersfieldCA93306
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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 3924 Majorca Ct, Bakersfield, CA, 93306 listed at $418,000 pairs $2,488/mo rent with a $2,046/mo payment. Total monthly income runs $2,488/mo. Return on cash invested measures 19.06% in year one, and rental yield registers 7.14% at a $418,000 basis. Equity gained on principal adds $2,697/yr, and annual property appreciation at 5% supports $115,486 by year five. Five-year ROI tracks 98.31% and total cumulative return in cash totals $136,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $2,046/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
10,018 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: Samantha J. Sellers • Infinity Real Estate Services
Mls Name: Bakersfield AOR
Mls ID: #202508341