5102 Challenger AveBakersfieldCA93312
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
Investment Highlights
Investment property for sale in Bakersfield at 5102 Challenger Ave, Bakersfield, CA, 93312 offers a 12.64% rental yield on a $580,000 purchase with $6,107/mo rent. Total monthly income registers $6,107/mo, and a $2,839/mo payment leaves $2,499/mo available for distribution. Annual cash flow reaches $29,982/yr on $190,820 to close, and return on cash invested stands at 35.77% in year one. Equity gained on principal adds $3,743/yr while 5% annual appreciation supports $160,243 over five years. Portfolio math shows five-year ROI at 187.93% and total cumulative return in cash at $358,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,107/mo property income against a $2,839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
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Nearby investment properties with comparable prices
Listed by: Estie A. Ronk • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407221
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.