8509 Nine Iron DrBakersfieldCA93312
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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 8509 Nine Iron Dr, Bakersfield, CA, 93312 earns $1/mo cash flow from $4,177/mo rent with a $3,304/mo payment. Total monthly income totals $4,177/mo, and annual cash flow totals $13/yr on $222,075 capital. ROI tracks 20.07% on current figures, and rental yield reads 7.43% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 103.66% and total cumulative return in cash sums $230,211. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,177/mo property income instead of your personal income.
Single Family
Built in 2007
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
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Listed by: Ryan Stevens • Pacific Shore Real Estate, Inc
Mls Name: Bakersfield AOR
Mls ID: #202600612