6910 Safflower CtBakersfieldCA93313
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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
Investment property for sale in Bakersfield at 6910 Safflower Ct, Bakersfield, CA, 93313 uses $116,025 cash to close to unlock $1,223/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $2,267/mo, and a $1,713/mo payment keeps the spread at $102/mo. Purchase price stands at $350,000, and rental yield measures 7.77% with $2,267/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 108.46% and total cumulative return in cash records $125,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,267/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1994
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: Laurice F. McCarty • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls ID: #202513429