8607 Grandy StBakersfieldCA93314
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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 8607 Grandy St, Bakersfield, CA, 93314 offers a 6.15% rental yield on a $639,900 purchase with $3,281/mo rent. 2% in year one. Equity gained on principal adds $4,129/yr while 5% annual appreciation supports $176,793 over five years. Portfolio math shows five-year ROI at 82.92% and total cumulative return in cash at $174,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,281/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Harjinder Singh • Hero Real Estate, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202513880