1150 Hickory AveTehachapiCA93561
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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
Rental property for sale in Tehachapi at 1150 Hickory Ave, Tehachapi, CA, 93561 generates $2,884/mo in rent and, after a $2,006/mo payment, leaves $349/mo in cash flow. Total monthly income is $2,884/mo, and annual cash flow is $4,182/yr on $135,882 invested. Return on cash invested sits at 22.99% in year one, and rental yield is 8.44% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 119.35% and total cumulative return in cash sums $162,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,884/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93561, Tehachapi, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,861 (100%) |
| Owner Occupied HU | 9,307 (67.1%) |
| Renter Occupied HU | 3,285 (23.7%) |
| Vacant Housing Units | 1,269 ( 9.2%) |
| Median Home Value | $430,846 |
| Average Home Value | $468,957 |
Housing Distribution
Address Breakdown
Residential
13,833
Single Family
13,241
Multi-Family
592
Businesses
852
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Listed by: Valerie Baeza • St. Clair Realty
Mls Name: TAAR
Mls ID: #9993378