7525 Crown Heights StBakersfieldCA93311
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 7525 Crown Heights St, Bakersfield, CA, 93311 offers a 9.14% rental yield on a $716,950 purchase with $5,460/mo rent. Total monthly income registers $5,460/mo, and a $3,509/mo payment leaves $1,025/mo available for distribution. Annual cash flow reaches $12,299/yr on $235,877 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $4,626/yr while 5% annual appreciation supports $198,080 over five years. Portfolio math shows five-year ROI at 131.57% and total cumulative return in cash at $310,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,460/mo property income against a $3,509/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marisa Caruso-Cornejo • My Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405167
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.