601 Las Arenas Ct,Bakersfield,CA,93314

Investment Highlights

Rental property for sale in Bakersfield at 601 Las Arenas Ct, Bakersfield, CA, 93314 offers $2,865/mo rent that, after a $2,247/mo payment, leaves $25/mo cash flow. Total monthly income is $2,865/mo, and annual cash flow is $301/yr on $152,159 cash. Return on cash invested measures 20.11% in year one, and rental yield stands at 7.49% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 103.92% and total cumulative return in cash reaches $158,123. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,865/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.