8214 Prentice Hall DriveBakersfieldCA93311
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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 8214 Prentice Hall Drive, Bakersfield, CA, 93311 offers a 5.92% rental yield on a $419,000 purchase with $2,066/mo rent. 36% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 78.46% and total cumulative return in cash at $108,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,066/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
3,920 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: Luis Daniel Mota • Century 21 Jordan-Link & Co.
Mls Name: TCMLS
Mls ID: #237520