4121 Coronado AveBakersfieldCA93306
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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 4121 Coronado Ave, Bakersfield, CA, 93306 earns $264/mo cash flow from $2,521/mo rent with a $1,786/mo payment. Total monthly income totals $2,521/mo, and annual cash flow totals $3,164/yr on $120,964 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.29% at a $364,900 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,815 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash sums $141,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,521/mo property income instead of your personal income.
Single Family
Built in 1962
6,969 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: Trevor J. Bender • Emerge Real Estate
Mls Name: Bakersfield AOR
Mls ID: #202600056