9318 Rancho Viejo Dr,Bakersfield,CA,93314

Investment Highlights

Investment property for sale in Bakersfield at 9318 Rancho Viejo Dr, Bakersfield, CA, 93314 listed at $699,888 pairs $4,506/mo rent with a $3,426/mo payment to leave $176/mo cash flow. Total monthly income runs $4,506/mo, and annual cash flow reaches $2,112/yr on $230,263 cash to close. Return on cash invested measures 20.98% in year one, and rental yield registers 7.73% at a $699,888 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,366 by year five. Five-year ROI tracks 108.53% and total cumulative return in cash totals $249,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,506/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).