6204 Dennen StBakersfieldCA93313
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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 6204 Dennen St, Bakersfield, CA, 93313 priced at $242,999 pairs $1,894/mo rent with $391/mo cash flow after a $1,189/mo payment. Total monthly income equals $1,894/mo, and annual cash flow comes to $4,694/yr on $80,554 invested. Return on cash invested is 25.74% in year one, and rental yield stands at 9.35% on a $242,999 basis. Equity gained on principal adds $1,568/yr, and 5% annual appreciation accumulates to $67,136 by year five. Five-year ROI measures 134.13% and total cumulative return in cash reaches $108,044. For financing, Ziffy Mortgage’s DSCR program evaluates $1,894/mo property income against a $1,189/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1977
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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Listed by: J. Armando Sandoval Jr. • Golden Valley RealEstate Group
Mls Name: Bakersfield AOR
Mls ID: #202513885