812 Johnnie St, Bakersfield, CA, 93308 | $3/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in Bakersfield at 812 Johnnie St, Bakersfield, CA, 93308 uses $122,655 cash to close to unlock $37/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,811/mo payment keeps the spread at $3/mo. Purchase price stands at $370,000, and rental yield measures 7.43% with $2,292/mo rent. Return on cash invested shows 19.94% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 103.02% and total cumulative return in cash records $126,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,811/mo payment rather than investor’s personal income.

Single Family

Built in 1986

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,142 (100%)
Owner Occupied HU	10,016 (47.4%)
Renter Occupied HU	10,052 (47.5%)
Vacant Housing Units	1,074 ( 5.1%)
Median Home Value	$334,697
Average Home Value	$364,464