8303 Morehouse Ave #2041ABakersfieldCA93307
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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 8303 Morehouse Ave #2041A, Bakersfield, CA, 93307 uses $133,260 cash to close to unlock $2,169/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $2,668/mo, and a $1,968/mo payment keeps the spread at $181/mo. Purchase price stands at $401,990, and rental yield measures 7.96% with $2,668/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $111,062 over five years. Five-year ROI reaches 111.57% and total cumulative return in cash records $148,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,668/mo property income covering a $1,968/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 13,028 (50.4%) |
| Renter Occupied HU | 11,703 (45.2%) |
| Vacant Housing Units | 1,142 ( 4.4%) |
| Median Home Value | $284,043 |
| Average Home Value | $335,164 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
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Listed by: Sabrina Fernandez Gonzales • D.R. Horton
Mls Name: Bakersfield AOR
Mls ID: #202600507