ZIP CODE 93307 // BAKERSFIELD, CA // DATA AS OF 2026-09-30
Bakersfield, CA (93307) Rental Property Cap Rate & Cash Flow Report
Located in Kern County (Bakersfield, CA), Zip Code 93307 ranks #76 of 500 within this selected sample (85th percentile) with a Zillow ZHVI typical home-value index of $315,833 (+0.1% YoY) and a ZORI observed market rent of $1,789/mo (+6.1% YoY). Requires at least 38.0% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$359/mo
Annual: -$4,308/yr
Modeled Cap Rate
4.70%
NOI: $14,856/yr
Cash-on-Cash Return
-5.93%
Cash Needed: $72,642
1% Rule Ratio
0.57%
Gross Yield: 6.80%
Break-Even Rent
$2,202/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 93307 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,597/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$551/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (93307)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $284,262 | $1,420/mo | 5.99% |
| 2024 | $313,748 | $1,654/mo | 6.33% |
| 2025 | $315,575 | $1,686/mo | 6.41% |
| 2026 | $315,833 | $1,789/mo | 6.80% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 93313 Bakersfield, CA | $412,222 | $2,375/mo | 4.80% | -$434/mo |
| 92571 Perris, CA | $527,874 | $2,932/mo | 4.59% | -$651/mo |
| 95206 Stockton, CA | $409,950 | $2,420/mo | 4.95% | -$381/mo |
| 93722 Fresno, CA | $395,002 | $2,143/mo | 4.45% | -$531/mo |
| 92223 Beaumont, CA | $533,865 | $2,894/mo | 4.45% | -$720/mo |
| 93727 Fresno, CA | $426,525 | $2,296/mo | 4.41% | -$589/mo |