917 Portal AveBakersfieldCA93308
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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 917 Portal Ave, Bakersfield, CA, 93308 with 5% annual appreciation on a $329,500 basis while $2,089/mo rent supports operations. Total monthly income totals $2,089/mo and a $1,613/mo payment preserves $50/mo for cash returns. Annual cash flow comes to $605/yr on $109,229 deployed, and return on cash invested reaches 20.46% in year one. Equity gained on principal adds $2,126/yr, and five-year appreciation sums $91,035 alongside rental yield of 7.61%. Five-year ROI measures 105.83% and total cumulative return in cash totals $115,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,089/mo property income versus a $1,613/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
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Listed by: Darron Thomas Mason • eXp Realty - Bakersfield
Mls Name: Bakersfield AOR
Mls ID: #202600455