8912 Carvalho CtBakersfieldCA93311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8912 Carvalho Ct, Bakersfield, CA, 93311 at $389,900 posts ROI 30.26% with $1,115/mo cash flow from $3,588/mo rent. Total monthly income equals $3,588/mo, and annual cash flow records $13,380/yr on $129,252 to close. Return on cash invested measures 30.26% and rental yield reads 11.04% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 158.55% and total cumulative return in cash totals $204,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,588/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93311, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,614 (100%) |
| Owner Occupied HU | 13,923 (71.0%) |
| Renter Occupied HU | 4,937 (25.2%) |
| Vacant Housing Units | 754 ( 3.8%) |
| Median Home Value | $450,345 |
| Average Home Value | $507,067 |
Housing Distribution
Address Breakdown
Residential
19,007
Single Family
17,627
Multi-Family
1,380
Businesses
627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alishaan Abbas • Agentcor-Big Block Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408465
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.