5900 Carter AveBakersfieldCA93308
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
Total monthly income runs $2,822/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 5.65% with $2,822/mo rent. Return on cash invested shows 14.68% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 74.77% and total cumulative return in cash records $147,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,822/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1963
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trevor J. Bender • Open Door Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503662
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.