5701 Wisteria Valley RdBakersfieldCA93306
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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 5701 Wisteria Valley Rd, Bakersfield, CA, 93306 priced at $459,950 pairs $4,530/mo rent with $1,417/mo cash flow after a $2,251/mo payment. Total monthly income equals $4,530/mo, and annual cash flow comes to $17,003/yr on $152,473 invested. Return on cash invested is 31.06% in year one, and rental yield stands at 11.82% on a $459,950 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,076 by year five. Five-year ROI measures 163.39% and total cumulative return in cash reaches $249,130. For financing, Ziffy Mortgage’s DSCR program evaluates $4,530/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
$268 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Nearby investment properties with comparable prices
Listed by: Leslie R Walters • Walters & Associates, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407572
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.