6111 Cardano AveBakersfieldCA93313
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 6111 Cardano Ave, Bakersfield, CA, 93313 earns $177/mo cash flow from $2,998/mo rent with a $2,080/mo payment. Total monthly income totals $2,998/mo, and annual cash flow totals $2,125/yr on $140,888 capital. ROI tracks 21.42% on current figures, and rental yield reads 8.46% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 111.55% and total cumulative return in cash sums $157,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,998/mo property income instead of your personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93313, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,359 (100%) |
| Owner Occupied HU | 13,687 (74.6%) |
| Renter Occupied HU | 4,045 (22.0%) |
| Vacant Housing Units | 627 ( 3.4%) |
| Median Home Value | $372,156 |
| Average Home Value | $428,084 |
Housing Distribution
Address Breakdown
Residential
17,601
Single Family
17,280
Multi-Family
321
Businesses
905
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Nearby investment properties with comparable prices
Listed by: Jeff Robert Jackson • Jeff Jackson & Associates
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202507451
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.