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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bakersfield at 5908 Almendra Ave APT C, Bakersfield, CA, 93309 offers a 8.71% rental yield on a $209,000 purchase with $1,517/mo rent. Total monthly income registers $1,517/mo, and a $1,023/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,688/yr on $69,284 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 123.72% and total cumulative return in cash at $85,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
| 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 |
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
