5900 Hesketh DrBakersfieldCA93309
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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
Rental property for sale in Bakersfield at 5900 Hesketh Dr, Bakersfield, CA, 93309 priced at $425,000 pairs $4,260/mo rent with $1,595/mo cash flow after a $2,080/mo payment. Total monthly income equals $4,260/mo, and annual cash flow comes to $19,140/yr on $140,888 invested. Return on cash invested is 33.49% in year one, and rental yield stands at 12.03% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 175.82% and total cumulative return in cash reaches $247,709. For financing, Ziffy Mortgage’s DSCR program evaluates $4,260/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
8,712 sqft lot
$N/A/sqft
$108 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Listed by: Darlene L. Tobias • Nexus Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407095
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.