9905 Old Wood Dr, Bakersfield, CA, 93306 | $1,100/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bakersfield at 9905 Old Wood Dr, Bakersfield, CA, 93306 priced at $479,000 pairs $4,063/mo rent with $1,100/mo cash flow after a $2,344/mo payment. Total monthly income equals $4,063/mo, and annual cash flow comes to $13,203/yr on $158,789 invested. Return on cash invested is 28.22% in year one, and rental yield stands at 10.18% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 147.44% and total cumulative return in cash reaches $234,111. For financing, Ziffy Mortgage’s DSCR program evaluates $4,063/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2022

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,867 (100%)
Owner Occupied HU	15,342 (61.7%)
Renter Occupied HU	8,578 (34.5%)
Vacant Housing Units	947 ( 3.8%)
Median Home Value	$344,569
Average Home Value	$371,081