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Bakersfield, CA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Bakersfield, CA. Based on 200+ datapoints.

Bakersfield, CA Long-Term Rental Investment Snapshot

Based on 200+ long-term rental datapoints

Median Cap Rate

4%

Avg Cash on Cash

-11.1%

Median Cashflow

-$738/mo

Avg Rent Estimate

$2,354/mo

Avg Price

$419,106

Price Range

$226,500 - $725,000

Rent to Price

0.56%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Bakersfield, CA

Bakersfield, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 200+ analyzed properties, the median monthly cashflow in Bakersfield, CA is -$738 with average rents of $2,354/month. Properties range from $226,500 to $725,000, offering entry points across multiple investment budgets.

3901 Courtney St, Bakersfield, CA 93312

Price

$356,400

Rent

$2,280

CachFlow

-$402

CoC

-6.45

Full Analysis

920 Cherry Hills Dr, Bakersfield, CA 93309

Price

$277,100

Rent

$2,111

CachFlow

-$266

CoC

-5.49

Full Analysis

2445 Spruce St, Bakersfield, CA 93301

Price

$557,100

Rent

$2,992

CachFlow

-$1,190

CoC

-12.21

Full Analysis

4224 Gordon St, Bakersfield, CA 93307

Price

$279,000

Rent

$1,986

CachFlow

-$177

CoC

-3.63

Full Analysis

10601 Michele Ave, Bakersfield, CA 93312

Price

$344,400

Rent

$2,527

CachFlow

-$269

CoC

-4.46

Full Analysis
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Bakersfield, CA Rental Market Insights

  • Median cashflow is -$738/month — careful deal selection is essential here
  • 4% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Bakersfield, CA requires selective property picks
  • Mid-to-upper tier market with properties from $226,500 to $725,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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