Goldenrod Plan, Aspire at the TrailsBakersfieldCA93306
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 Goldenrod Plan, Aspire at the Trails, Bakersfield, CA, 93306 priced at $428,990 converts $3,179/mo rent into $525/mo cash flow after a $2,100/mo obligation. Total monthly income equals $3,179/mo, and annual cash flow totals $6,299/yr on $142,210 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 8.89% against a $428,990 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,522 by year five. Five-year ROI reaches 126.58% and total cumulative return in cash sums $180,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,179/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A