7418 Clifford 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
Total monthly income runs $4,210/mo, and a $3,622/mo payment. Purchase price stands at $739,995, and rental yield measures 6.83% with $4,210/mo rent. Return on cash invested shows 17.38% in year one, and 5% annual appreciation builds toward $204,447 over five years. Five-year ROI reaches 89.59% and total cumulative return in cash records $218,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,210/mo property income covering a $3,622/mo payment rather than investor’s personal income.
Single Family
Built in 1992
2.36 Acres lot
$N/A/sqft
$175 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: Louise C Juracek • Open Door Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407948
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.