708 Jasmine Park DrBakersfieldCA93312
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
Total monthly income runs $3,660/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 3.51% with $3,660/mo rent. Return on cash invested shows 8.3% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 40.51% and total cumulative return in cash records $164,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,660/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Multi Family
Built in 2008
0.34 Acres 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: Pamela Harmon • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225094711