6505 Alderbrook LnBakersfieldCA93312
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 6505 Alderbrook Ln, Bakersfield, CA, 93312 offers a 13.37% rental yield on a $589,900 purchase with $6,574/mo rent. Total monthly income registers $6,574/mo, and a $2,887/mo payment leaves $2,685/mo available for distribution. Annual cash flow reaches $32,222/yr on $194,077 to close, and return on cash invested stands at 36.66% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 193.2% and total cumulative return in cash at $374,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,574/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
9,357 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Miller • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409233
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.