417 Goodman StBakersfieldCA93305
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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 417 Goodman St, Bakersfield, CA, 93305 with 5% annual appreciation on a $160,000 basis while $1,579/mo rent supports operations. Total monthly income totals $1,579/mo and a $783/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,515/yr on $53,040 deployed, and return on cash invested reaches 32.19% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.84%. Five-year ROI measures 169.08% and total cumulative return in cash totals $89,678.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,579/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,969 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
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Listed by: Jeff Robert Jackson • Jeff Jackson & Associates
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505295
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.