7122 Saddleback Canyon RdBakersfieldCA93311
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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 7122 Saddleback Canyon Rd, Bakersfield, CA, 93311 uses $168,152 cash to close to unlock $1,029/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $3,486/mo, and a $2,502/mo payment keeps the spread at $86/mo. Purchase price stands at $511,100, and rental yield measures 8.18% with $3,486/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $141,208 over five years. Five-year ROI reaches 107.51% and total cumulative return in cash records $180,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,486/mo property income covering a $2,502/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93311, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,614 (100%) |
| Owner Occupied HU | 13,923 (71.0%) |
| Renter Occupied HU | 4,937 (25.2%) |
| Vacant Housing Units | 754 ( 3.8%) |
| Median Home Value | $450,345 |
| Average Home Value | $507,067 |
Housing Distribution
Address Breakdown
Residential
19,007
Single Family
17,627
Multi-Family
1,380
Businesses
627
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A