8413 Seth Alexander WayBakersfieldCA93306
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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
Rental property for sale in Bakersfield at 8413 Seth Alexander Way, Bakersfield, CA, 93306 generates $3,043/mo in rent, after a $2,473/mo payment. Total monthly income is $3,043/mo. Return on cash invested sits at 19.46% in year one, and rental yield is 7.23% on a $505,300 entry. Equity gained on principal adds $3,261/yr, while 5% annual appreciation builds toward $139,605 over five years. Five-year ROI reaches 100.44% and total cumulative return in cash sums $166,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,043/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A