6311 Padua Ct, Bakersfield, CA, 93308 | $1,416/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Bakersfield at 6311 Padua Ct, Bakersfield, CA, 93308 priced at $355,000 pairs $3,613/mo rent with $1,416/mo cash flow after a $1,738/mo payment. Total monthly income equals $3,613/mo, and annual cash flow comes to $16,997/yr on $117,683 invested. Return on cash invested is 34.35% in year one, and rental yield stands at 12.21% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 180.3% and total cumulative return in cash reaches $212,184. For financing, Ziffy Mortgage’s DSCR program evaluates $3,613/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2002

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,142 (100%)
Owner Occupied HU	10,016 (47.4%)
Renter Occupied HU	10,052 (47.5%)
Vacant Housing Units	1,074 ( 5.1%)
Median Home Value	$334,697
Average Home Value	$364,464