8000 Kroll Way APT 27BakersfieldCA93311
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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
Rental property for sale in Bakersfield at 8000 Kroll Way APT 27, Bakersfield, CA, 93311 priced at $314,950 pairs $2,728/mo rent with $238/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,728/mo, and annual cash flow comes to $2,851/yr on $104,406 invested. Return on cash invested is 22.64% in year one, and rental yield stands at 10.39% on a $314,950 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,015 by year five. Five-year ROI measures 119.74% and total cumulative return in cash reaches $125,018. For financing, Ziffy Mortgage’s DSCR program evaluates $2,728/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
2,613 sqft lot
$N/A/sqft
$360 monthly 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
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Listed by: Matheus A. Gezalyan • Agentcor-Big Block Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408064
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.