430 Knotts StBakersfieldCA93305
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 430 Knotts St, Bakersfield, CA, 93305 in Bakersfield hard to pass up. The 13.75% gross yield on a $199,000 purchase results in $2,280/mo in rent and $1,049/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.55). Annual cash flow of $12,587, five-year appreciation of $54,980, and $1,833/yr in equity build-up combine for a projected total cumulative return of $142,938.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.2% |
| Monthly Cash Flow | $1,049 | $450 |
City averages based on Bakersfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 1.98x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
3,484 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
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
Single Family
Built in 1939
3,484 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