6913 Klamath WayBakersfieldCA93309
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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 6913 Klamath Way, Bakersfield, CA, 93309 with 5% annual appreciation on a $795,000 basis while $1,904/mo rent supports operations. 19% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 2.87%. Five-year ROI measures 24.25% and total cumulative return in cash totals $63,430. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,904/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1982
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Listed by: Eric VanDenk • Central Valley Property Adviso
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409470
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.