9701 Valley Forest CtBakersfieldCA93311
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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
Rental property for sale in Bakersfield at 9701 Valley Forest Ct, Bakersfield, CA, 93311 priced at $525,000 converts $5,392/mo rent into $2,119/mo cash flow after a $2,570/mo obligation. Total monthly income equals $5,392/mo, and annual cash flow totals $25,432/yr on $172,725 invested. Return on cash invested prints 34.78% in year one, and rental yield reads 12.32% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 182.65% and total cumulative return in cash sums $315,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,392/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1989
10,018 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
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Listed by: Raye Bugnosen • Miramar International Calloway
Mls Name: TAAR
Mls ID: #9990888
Disclaimer: Based on information from the Tehachapi Area Association of REALTORS as of 2024-08-14 18:57:45 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.