5504 Ginger DrBakersfieldCA93309
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 5504 Ginger Dr, Bakersfield, CA, 93309 earns $190/mo cash flow from $2,320/mo rent with a $1,591/mo payment. Total monthly income totals $2,320/mo, and annual cash flow totals $2,277/yr on $107,737 capital. ROI tracks 22.02% on current figures, and rental yield reads 8.57% at a $324,999 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,791 over five years. Five-year ROI reaches 114.65% and total cumulative return in cash sums $123,517. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,320/mo property income instead of your personal income.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Nearby investment properties with comparable prices
Listed by: Marisol Hernandez • Elite, Realtors
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202501170
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.