5703 Fairfax RdBakersfieldCA93306
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 5703 Fairfax Rd, Bakersfield, CA, 93306 at $657,900 posts ROI 5.91% with from $1,651/mo rent. Total monthly income equals $1,651/mo. Return on cash invested measures 5.91% and rental yield reads 3.01% at the current $657,900. Equity gained on principal adds $4,245/yr, and 5% annual appreciation supports $181,766 by year five. Five-year ROI prints 28.04% and total cumulative return in cash totals $60,682. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,651/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1988
0.56 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A