Lexington Plan, Highgate ParkBakersfieldCA93311
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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
Investment property for sale in Bakersfield at Lexington Plan, Highgate Park, Bakersfield, CA, 93311 with 5% annual appreciation on a $621,990 basis while $3,743/mo rent supports operations. 42% in year one. Equity gained on principal adds $4,014/yr, and five-year appreciation sums $171,844 alongside rental yield of 7.22%. Five-year ROI measures 95.21% and total cumulative return in cash totals $194,824. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,743/mo property income versus a $3,044/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$175 monthly 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: N/A • Castle & Cooke
Mls Name: Castle & Cooke
Mls ID: #N/A