5500 Pomerado WayBakersfieldCA93313
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 5500 Pomerado Way, Bakersfield, CA, 93313 offers $4,708/mo rent that, after a $2,543/mo payment, leaves $1,432/mo cash flow. Total monthly income is $4,708/mo, and annual cash flow is $17,180/yr on $170,916 cash. Return on cash invested measures 30.11% in year one, and rental yield stands at 10.88% at a $519,500 entry. Equity gained on principal adds $3,352/yr while 5% annual appreciation compounds into $143,528 by year five. Five-year ROI records 157.68% and total cumulative return in cash reaches $269,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,708/mo property income versus a $2,543/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93313, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,359 (100%) |
| Owner Occupied HU | 13,687 (74.6%) |
| Renter Occupied HU | 4,045 (22.0%) |
| Vacant Housing Units | 627 ( 3.4%) |
| Median Home Value | $372,156 |
| Average Home Value | $428,084 |
Housing Distribution
Address Breakdown
Residential
17,601
Single Family
17,280
Multi-Family
321
Businesses
905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Santoshree Dasgupta • Prestige Properties TeamTipton
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406855
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.