605 O StBakersfieldCA93304
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
Rental property for sale in Bakersfield at 605 O St, Bakersfield, CA, 93304 priced at $159,950 pairs $1,170/mo rent with $161/mo cash flow after a $783/mo payment. Total monthly income equals $1,170/mo, and annual cash flow comes to $1,933/yr on $53,023 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 8.78% on a $159,950 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,191 by year five. Five-year ROI measures 122.64% and total cumulative return in cash reaches $65,026. For financing, Ziffy Mortgage’s DSCR program evaluates $1,170/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Jaime Leal • Power House Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503735
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.