518 Lewisham StBakersfieldCA93311
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
Total monthly income runs $2,938/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 7.83% with $2,938/mo rent. Return on cash invested shows 19.72% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 102.34% and total cumulative return in cash records $152,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1998
6,098 sqft lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93311, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,614 (100%) |
| Owner Occupied HU | 13,923 (71.0%) |
| Renter Occupied HU | 4,937 (25.2%) |
| Vacant Housing Units | 754 ( 3.8%) |
| Median Home Value | $450,345 |
| Average Home Value | $507,067 |
Housing Distribution
Address Breakdown
Residential
19,007
Single Family
17,627
Multi-Family
1,380
Businesses
627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lydia Ann Guillen • Avalar Real Estate Alliance
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505239
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.