5820 Patton WayBakersfieldCA93308
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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 5820 Patton Way, Bakersfield, CA, 93308 offers a 7.44% rental yield on a $447,500 purchase with $2,773/mo rent. Total monthly income registers $2,773/mo, and a $2,190/mo payment leaves $5/mo available for distribution. Annual cash flow reaches $60/yr on $148,346 to close, and return on cash invested stands at 19.95% in year one. Equity gained on principal adds $2,888/yr while 5% annual appreciation supports $123,636 over five years. Portfolio math shows five-year ROI at 103.04% and total cumulative return in cash at $152,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,773/mo property income against a $2,190/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
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Listed by: Jacob Miller • Miramar Realty
Mls Name: Bakersfield AOR
Mls ID: #202600187