8805 Shore View Dr, Bakersfield, CA, 93312 | $17/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bakersfield at 8805 Shore View Dr, Bakersfield, CA, 93312 priced at $470,000 pairs $3,104/mo rent with $17/mo cash flow after a $2,300/mo payment. Total monthly income equals $3,104/mo, and annual cash flow comes to $206/yr on $155,805 invested. Return on cash invested is 20.04% in year one, and rental yield stands at 7.93% on a $470,000 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,852 by year five. Five-year ROI measures 104.07% and total cumulative return in cash reaches $162,141. For financing, Ziffy Mortgage’s DSCR program evaluates $3,104/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1997

6,969 sqft lot

$N/A/sqft

$45 monthly 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