415 E 21st StBakersfieldCA93305
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
Rental property for sale in Bakersfield at 415 E 21st St, Bakersfield, CA, 93305 generates $1,921/mo in rent and, after a $1,297/mo payment, leaves $282/mo in cash flow. Total monthly income is $1,921/mo, and annual cash flow is $3,381/yr on $87,831 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 8.7% on a $264,950 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,201 over five years. Five-year ROI reaches 123.48% and total cumulative return in cash sums $108,456. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,921/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maribel Resendez • Brick and Boulder Real Estate
Mls Name: Bakersfield AOR
Mls ID: #202512520