4607 Dry Port WayBakersfieldCA93306
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 4607 Dry Port Way, Bakersfield, CA, 93306 in Bakersfield worth study. Rental yield 4.7%. The 4.7% gross yield is below cash-flow benchmarks at $482,900, but 5% annual appreciation, adding $133,416 over five years, frames this as a capital growth position. Rent of $1,890/mo partially offsets the $2,171/mo payment. Ziffy Mortgage finances appreciation-play properties (0.87 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $112,552.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(1,097) | $450 |
City averages based on Bakersfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,890 |
| Total Monthly Debt Service | $2,795 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2024
6,534 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
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 2024
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kassy Miles Towery • Kassy Miles Towery & Assoc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202510819
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.