7115 Hanover CirBakersfieldCA93309
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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 7115 Hanover Cir, Bakersfield, CA, 93309 at $350,000 posts ROI 18.21% with from $2,264/mo rent. Total monthly income equals $2,264/mo. Return on cash invested measures 18.21% and rental yield reads 7.76% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 94.71% and total cumulative return in cash totals $109,886. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,264/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
3,484 sqft lot
$N/A/sqft
$95 monthly 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: Larry L. Burkey • Keller Williams Tehachapi
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500312
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.