5616 Banning St,Bakersfield,CA,93314

Investment Highlights

Investment property for sale in Bakersfield at 5616 Banning St, Bakersfield, CA, 93314 offers a 7.63% rental yield on a $450,000 purchase with $2,861/mo rent. Total monthly income registers $2,861/mo, and a $2,203/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $921/yr on $149,175 to close, and return on cash invested stands at 20.53% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 106.15% and total cumulative return in cash at $158,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,861/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.