18720 Wingfoot PlTehachapiCA93561
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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 18720 Wingfoot Pl, Tehachapi, CA, 93561 generates $4,994/mo in rent and, after a $3,377/mo payment, leaves $726/mo in cash flow. Total monthly income is $4,994/mo, and annual cash flow is $8,709/yr on $227,010 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 8.69% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 124.19% and total cumulative return in cash sums $281,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.38 Acres 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: Scott Miller • Epique Realty
Mls Name: CRMLS
Mls ID: #IG25215759