5900 Pembroke AveBakersfieldCA93308
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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 5900 Pembroke Ave, Bakersfield, CA, 93308 generates $3,968/mo in rent and, after a $2,298/mo payment, leaves $1,012/mo in cash flow. Total monthly income is $3,968/mo, and annual cash flow is $12,143/yr on $155,639 invested. Return on cash invested sits at 27.71% in year one, and rental yield is 10.14% on a $469,500 entry. Equity gained on principal adds $3,030/yr, while 5% annual appreciation builds toward $129,714 over five years. Five-year ROI reaches 144.81% and total cumulative return in cash sums $225,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,968/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.28 Acres 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: Valerie Driesen • Jeff Jackson & Associates
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202412734
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.