7208 Rogue River DrBakersfieldCA93313
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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
Rental property for sale in Bakersfield at 7208 Rogue River Dr, Bakersfield, CA, 93313 priced at $365,000 pairs $3,842/mo rent with $1,440/mo cash flow after a $1,786/mo payment. Total monthly income equals $3,842/mo, and annual cash flow comes to $17,274/yr on $120,998 invested. Return on cash invested is 34.19% in year one, and rental yield stands at 12.63% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 179.93% and total cumulative return in cash reaches $217,711. For financing, Ziffy Mortgage’s DSCR program evaluates $3,842/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
4,356 sqft lot
$N/A/sqft
$145 monthly 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: Moises Rosales Arellano • eXp Realty of California Inc
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408608
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.