7007 Oak Forest CtBakersfieldCA93313
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 7007 Oak Forest Ct, Bakersfield, CA, 93313 offers a 10.28% rental yield on a $295,000 purchase with $2,528/mo rent. Total monthly income registers $2,528/mo, and a $1,444/mo payment leaves $685/mo available for distribution. Annual cash flow reaches $8,220/yr on $97,793 to close, and return on cash invested stands at 28.31% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 148.04% and total cumulative return in cash at $144,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,528/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
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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Nearby investment properties with comparable prices
Listed by: Brian Hicks • Brian Hicks Real Estate Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202506004
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.