7323 Lemon Meadow PlBakersfieldCA93313
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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 7323 Lemon Meadow Pl, Bakersfield, CA, 93313 listed at $497,500 pairs $5,299/mo rent with a $2,435/mo payment to leave $2,221/mo cash flow. Total monthly income runs $5,299/mo, and annual cash flow reaches $26,657/yr on $164,921 cash to close. Return on cash invested measures 36.07% in year one, and rental yield registers 12.78% at a $497,500 basis. Equity gained on principal adds $3,210/yr, and annual property appreciation at 5% supports $137,450 by year five. Five-year ROI tracks 189.52% and total cumulative return in cash totals $312,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,299/mo property income relative to a $2,435/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A 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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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A