7831 Palm StBakersfieldCA93304
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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 7831 Palm St, Bakersfield, CA, 93304 listed at $496,900 pairs $2,340/mo rent with a $2,432/mo payment. Total monthly income runs $2,340/mo. Return on cash invested measures 14.56% in year one, and rental yield registers 5.65% at a $496,900 basis. Equity gained on principal adds $3,206/yr, and annual property appreciation at 5% supports $137,284 by year five. Five-year ROI tracks 74.19% and total cumulative return in cash totals $122,202. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $2,432/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Miranda Villanueva • LGI Realty - California, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202510414