4809 Hahn Ave APT 38, Bakersfield, CA, 93309 | $888/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bakersfield at 4809 Hahn Ave APT 38, Bakersfield, CA, 93309 priced at $162,000 converts $2,054/mo rent into $888/mo cash flow after a $793/mo obligation. Total monthly income equals $2,054/mo, and annual cash flow totals $10,653/yr on $53,703 invested. Return on cash invested prints 39.75% in year one, and rental yield reads 15.21% against a $162,000 entry. Equity gained on principal adds $1,045/yr, while 5% annual appreciation compiles into $44,758 by year five. Five-year ROI reaches 210.55% and total cumulative return in cash sums $113,069. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,054/mo property income covering a $793/mo payment, not borrower’s personal income.

Condo

Built in 1983

0.45 Acres lot

$N/A/sqft

$164 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,423 (100%)
Owner Occupied HU	10,395 (44.4%)
Renter Occupied HU	12,080 (51.6%)
Vacant Housing Units	948 ( 4.0%)
Median Home Value	$339,528
Average Home Value	$381,559