For SaleRisky Deal1 days on market
6612 Olive Dr
6612 Olive Dr, Bakersfield, CA 93308, Bakersfield, CA 93308
$405,000
Estimate®:$406,500$1,500 Under Market
Listing Price
6612 Olive Dr, Bakersfield, CA 93308
Loc: Bakersfield, CA
Days Listed
1
Tax Assessed
$198k
Estimate®
$407k
0% Under Valued
Lot Size
0.43 acres
Rent Estimate
$2,363/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Olive Drive Elementary School
K-6
0.7 mi away
5
Norris Middle School
7-8
2 mi away
8
Centennial High School
9-12
1.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1963CentralCentral Air2 Attached Garage spaces0.43 Acres1 Day$247
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.42%
Total ROI
55.0%
Cash Flow
$-609/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-609/mo net cash flow with a 4.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Bakersfield, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $405,000 | $247 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $198,196 |
| 2025 | $2,801.13 | $194,311 |
| 2024 | $2,762.54 | $190,502 |
| 2023 | $2,701.13 | $186,768 |
| 2022 | $2,633.01 | $183,107 |
| 2021 | $0 | $179,518 |
| 2020 | $2,466.22 | $177,679 |
| 2019 | $2,429.58 | $177,679 |
| 2018 | $2,348.26 | $170,781 |
| 2017 | $2,350.36 | $167,433 |
| 2016 | $2,197.26 | $164,151 |
| 2015 | $2,145.54 | $161,686 |
| 2014 | $2,093.53 | $158,520 |
| 2013 | $0 | $157,805 |
| 2012 | $1,936.46 | $143,088 |
| 2011 | $1,884.04 | $143,088 |
| 2010 | $1,978.73 | $150,546 |
| 2009 | $1,907.92 | $143,657 |
| 2008 | $1,908.59 | $147,946 |
| 2007 | $1,860.44 | $145,046 |
| 2006 | $1,795.68 | $142,203 |
| 2005 | $1,768.84 | $139,415 |
| 2004 | $1,770.55 | $139,415 |
| 2003 | $1,673.37 | $136,861 |
| 2002 | $1,673.37 | $131,548 |
| 2001 | $1,652.27 | $128,970 |
| 2000 | $0 | $128,970 |
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