9118 Celeste CtBakersfieldCA93312
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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 9118 Celeste Ct, Bakersfield, CA, 93312 listed at $519,000 pairs $3,331/mo rent with a $2,540/mo payment to leave $121/mo cash flow. Total monthly income runs $3,331/mo, and annual cash flow reaches $1,447/yr on $170,751 cash to close. Return on cash invested measures 20.91% in year one, and rental yield registers 7.7% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 108.16% and total cumulative return in cash totals $184,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,331/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.25 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: Glenn Porter • RE/MAX Golden Empire
Mls Name: Bakersfield AOR
Mls ID: #202600347