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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 6201 Wible Rd SPACE 12, Bakersfield, CA, 93313 uses $42,764 cash to close to unlock $2,116/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $974/mo, and a $631/mo payment keeps the spread at $176/mo. Purchase price stands at $129,000, and rental yield measures 9.06% with $974/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 129.45% and total cumulative return in cash records $55,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $974/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 93313, Bakersfield, CA area.
| 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 |
Residential
17,601
Single Family
17,280
Multi-Family
321
Businesses
905
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Price change | $129,000 |
| 2024-10-12 | Listed for sale | $135,000 |
| 2023-09-27 | Sold | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $427.42 | -9.88% | $37,230 | 2.00% |
| 2023-02-12 | $474.30 | 38.07% | $36,500 | 19.28% |
| 2022-02-12 | $343.53 | N/A | $30,600 | -12.44% |
Listed by: Maribel Quiroz Carrillo • Realty Concepts, Ltd. - Fresno
Mls Name: Fresno MLS
Mls ID: #620079
