531 Quincy StreetBakersfieldCA93305
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 531 Quincy Street, Bakersfield, CA, 93305 priced at $189,200 pairs $1,478/mo rent with $308/mo cash flow after a $926/mo payment. Total monthly income equals $1,478/mo, and annual cash flow comes to $3,691/yr on $62,720 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 9.37% on a $189,200 basis. Equity gained on principal adds $1,221/yr, and 5% annual appreciation accumulates to $52,272 by year five. Five-year ROI measures 134.43% and total cumulative return in cash reaches $84,313. For financing, Ziffy Mortgage’s DSCR program evaluates $1,478/mo property income against a $926/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1916
7,528 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Robles • Keller Williams Realty A.V.
Mls Name: TCMLS
Mls ID: #238665