515 Digges LnBakersfieldCA93307
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 515 Digges Ln, Bakersfield, CA, 93307 offers a 9.24% rental yield on a $354,900 purchase with $2,732/mo rent. Total monthly income registers $2,732/mo, and a $1,737/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,439/yr on $117,649 to close, and return on cash invested stands at 25.38% in year one. Equity gained on principal adds $2,290/yr while 5% annual appreciation supports $98,052 over five years. Portfolio math shows five-year ROI at 132.2% and total cumulative return in cash at $155,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,732/mo property income against a $1,737/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 13,028 (50.4%) |
| Renter Occupied HU | 11,703 (45.2%) |
| Vacant Housing Units | 1,142 ( 4.4%) |
| Median Home Value | $284,043 |
| Average Home Value | $335,164 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nelson Cantu • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls ID: #202512450