800 Goodman St, Bakersfield, CA, 93305 | $1,051/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Bakersfield at 800 Goodman St, Bakersfield, CA, 93305 priced at $400,000 pairs $3,576/mo rent with $1,051/mo cash flow after a $1,958/mo payment. Total monthly income equals $3,576/mo, and annual cash flow comes to $12,612/yr on $132,600 invested. Return on cash invested is 29.42% in year one, and rental yield stands at 10.73% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 154% and total cumulative return in cash reaches $204,208. For financing, Ziffy Mortgage’s DSCR program evaluates $3,576/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1935

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,083 (100%)
Owner Occupied HU	4,330 (35.8%)
Renter Occupied HU	7,204 (59.6%)
Vacant Housing Units	549 ( 4.5%)
Median Home Value	$280,402
Average Home Value	$352,555