7000 Setter CtBakersfieldCA93309
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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 7000 Setter Ct, Bakersfield, CA, 93309 listed at $429,900 pairs $3,151/mo rent with a $2,104/mo payment to leave $492/mo cash flow. Total monthly income runs $3,151/mo, and annual cash flow reaches $5,901/yr on $142,512 cash to close. Return on cash invested measures 24.05% in year one, and rental yield registers 8.8% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 125.04% and total cumulative return in cash totals $178,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,151/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
8,712 sqft 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: Michael S. Dunlap • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202509993