510 Chestnut AveBakersfieldCA93305
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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 510 Chestnut Ave, Bakersfield, CA, 93305 earns $178/mo cash flow from $2,396/mo rent with a $1,735/mo payment. Total monthly income totals $2,396/mo, and annual cash flow totals $2,139/yr on $117,517 capital. ROI tracks 21.73% on current figures, and rental yield reads 8.11% at a $354,500 purchase. Equity gained on principal adds $2,288/yr, and 5% annual appreciation supports $97,942 over five years. Five-year ROI reaches 112.71% and total cumulative return in cash sums $132,455. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,396/mo property income instead of your personal income.
Single Family
Built in 1939
0.25 Acres 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: Tina M. Price • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202501652
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.