Melody Plan, Fox Meadow : Choral Series IIBakersfieldCA93313
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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 Melody Plan, Fox Meadow: Choral Series II, Bakersfield, CA, 93313 at $514,000 posts ROI 33.61% with $1,909/mo cash flow from $5,089/mo rent. Total monthly income equals $5,089/mo, and annual cash flow records $22,909/yr on $169,106 to close. Return on cash invested measures 33.61% and rental yield reads 11.88% at the current $514,000. Equity gained on principal adds $3,317/yr, and 5% annual appreciation supports $142,009 by year five. Five-year ROI prints 176.28% and total cumulative return in cash totals $298,103.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,089/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93313, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,359 (100%) |
| Owner Occupied HU | 13,687 (74.6%) |
| Renter Occupied HU | 4,045 (22.0%) |
| Vacant Housing Units | 627 ( 3.4%) |
| Median Home Value | $372,156 |
| Average Home Value | $428,084 |
Housing Distribution
Address Breakdown
Residential
17,601
Single Family
17,280
Multi-Family
321
Businesses
905
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A