9426 Oak Hills AveBakersfieldCA93312
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
Rental property for sale in Bakersfield at 9426 Oak Hills Ave, Bakersfield, CA, 93312 generates $3,940/mo in rent and, after a $2,545/mo payment, leaves $723/mo in cash flow. Total monthly income is $3,940/mo, and annual cash flow is $8,682/yr on $171,047 invested. Return on cash invested sits at 25.14% in year one, and rental yield is 9.09% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 130.84% and total cumulative return in cash sums $223,804. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa Olson • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls ID: #202509310