711 Niles StBakersfieldCA93305
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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 711 Niles St, Bakersfield, CA, 93305 with 5% annual appreciation on a $114,900 basis while $879/mo rent supports operations. Total monthly income totals $879/mo and a $562/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,023/yr on $38,089 deployed, and return on cash invested reaches 25.22% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 9.18%. Five-year ROI measures 131.41% and total cumulative return in cash totals $50,054.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $879/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1919
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
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Listed by: Jayprakash Chhotubhai Patel • Guardian Real Estate
Mls Name: Bakersfield AOR
Mls ID: #202601065