8009 Ita Palm WayBakersfieldCA93313
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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 8009 Ita Palm Way, Bakersfield, CA, 93313 offers a 7.73% rental yield on a $447,900 purchase with $2,886/mo rent. Total monthly income registers $2,886/mo, and a $2,192/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,386/yr on $148,479 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $2,890/yr while 5% annual appreciation supports $123,747 over five years. Portfolio math shows five-year ROI at 107.86% and total cumulative return in cash at $160,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,886/mo property income against a $2,192/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,115 sqft lot
$N/A/sqft
No 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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Listed by: Miranda Villanueva • LGI Realty - California, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202509194