613 Middlefield StBakersfieldCA93309
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 613 Middlefield St, Bakersfield, CA, 93309 at $335,000 posts ROI 21.07% with $107/mo cash flow from $2,180/mo rent. Total monthly income equals $2,180/mo, and annual cash flow records $1,287/yr on $111,053 to close. Return on cash invested measures 21.07% and rental yield reads 7.81% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 109.08% and total cumulative return in cash totals $121,136.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Mora • The Mora Partners Inc.
Mls Name: Bakersfield AOR
Mls ID: #202510718