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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 6021 Almendra Ave APT C, Bakersfield, CA, 93309 listed at $199,993 pairs $1,518/mo rent with a $979/mo payment to leave $281/mo cash flow. Total monthly income runs $1,518/mo, and annual cash flow reaches $3,368/yr on $66,298 cash to close. Return on cash invested measures 24.99% in year one, and rental yield registers 9.11% at a $199,993 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,254 by year five. Five-year ROI tracks 130.09% and total cumulative return in cash totals $86,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,518/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
2.47 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: Camilo V. Rosales • Golden Valley RealEstate Group
Mls Name: Bakersfield AOR
Mls ID: #202510928
