803 Mountain Park DrBakersfieldCA93311
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
Rental property for sale in Bakersfield at 803 Mountain Park Dr, Bakersfield, CA, 93311 priced at $525,000 converts $3,878/mo rent into $630/mo cash flow after a $2,570/mo obligation. Total monthly income equals $3,878/mo, and annual cash flow totals $7,558/yr on $172,725 invested. Return on cash invested prints 24.44% in year one, and rental yield reads 8.86% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 127.08% and total cumulative return in cash sums $219,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,878/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,712 sqft 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
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Listed by: Gilbert O. Pino • Marloz Financial, Inc
Mls Name: Bakersfield AOR
Mls ID: #202508404