5308 Elk Run CtBakersfieldCA93314
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
Rental property for sale in Bakersfield at 5308 Elk Run Ct, Bakersfield, CA, 93314 generates $2,803/mo in rent, after a $2,129/mo payment. Total monthly income is $2,803/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.73% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 96.85% and total cumulative return in cash sums $139,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,803/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie S. Zaninovich • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202510639
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.