604 Francis StreetBakersfieldCA93308
Nearby investment properties with comparable rents
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
Investment property for sale in Bakersfield at 604 Francis Street, Bakersfield, CA, 93308 earns from $1,533/mo rent with a $1,391/mo payment. Total monthly income totals $1,533/mo. ROI tracks 17.04% on current figures, and rental yield reads 6.47% at a $284,200 purchase. Equity gained on principal adds $1,834/yr, and 5% annual appreciation supports $78,519 over five years. Five-year ROI reaches 87.46% and total cumulative return in cash sums $82,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,533/mo property income instead of your personal income.
Single Family
Built in 1951
7,334 sqft 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: Erika B Robles • Keller Williams Realty - Kings County
Mls Name: TCMLS
Mls Provider:
Mls ID: #236031
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.