7308 Seeing Glass CtBakersfieldCA93313
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
Investment property for sale in Bakersfield at 7308 Seeing Glass Ct, Bakersfield, CA, 93313 earns $2,185/mo cash flow from $5,878/mo rent with a $2,839/mo payment. Total monthly income totals $5,878/mo, and annual cash flow totals $26,219/yr on $190,820 capital. ROI tracks 33.8% on current figures, and rental yield reads 12.16% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 177.53% and total cumulative return in cash sums $338,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,878/mo property income instead of your personal income.
Single Family
Built in 2017
7,405 sqft lot
$N/A/sqft
No 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: #202405490
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.