531 7th StBakersfieldCA93304
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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
Rental property for sale in Bakersfield at 531 7th St, Bakersfield, CA, 93304 generates $1,368/mo in rent, after a $1,126/mo payment. Total monthly income is $1,368/mo. Return on cash invested sits at 19.04% in year one, and rental yield is 7.14% on a $229,990 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,542 over five years. Five-year ROI reaches 98.19% and total cumulative return in cash sums $74,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Bobby Paul Moreno • Miramar International-Riverwal
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202506735
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.