819 P StBakersfieldCA93304
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
Investment property for sale in Bakersfield at 819 P St, Bakersfield, CA, 93304 uses $79,229 cash to close to unlock $1,635/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,657/mo, and a $1,170/mo payment keeps the spread at $136/mo. Purchase price stands at $239,000, and rental yield measures 8.32% with $1,657/mo rent. Return on cash invested shows 21.97% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 114.17% and total cumulative return in cash records $90,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,657/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,064 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Jerry Pacheco • Pellego
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505311
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.