5501 Weedpatch HwyBakersfieldCA93307
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
Investment property for sale in Bakersfield at 5501 Weedpatch Hwy, Bakersfield, CA, 93307 uses $82,801 cash to close to unlock $2,973/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,835/mo, and a $1,223/mo payment keeps the spread at $248/mo. Purchase price stands at $249,777, and rental yield measures 8.82% with $1,835/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $69,009 over five years. Five-year ROI reaches 122.32% and total cumulative return in cash records $101,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,835/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Manufactured
Built in 1984
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 13,028 (50.4%) |
| Renter Occupied HU | 11,703 (45.2%) |
| Vacant Housing Units | 1,142 ( 4.4%) |
| Median Home Value | $284,043 |
| Average Home Value | $335,164 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heera Singh • Next Level Realty - Miramar
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202510105
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.