21013 Carriage DrTehachapiCA93561
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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 21013 Carriage Dr, Tehachapi, CA, 93561 generates $2,614/mo in rent and, after a $1,542/mo payment, leaves $512/mo in cash flow. Total monthly income is $2,614/mo, and annual cash flow is $6,139/yr on $104,423 invested. Return on cash invested sits at 25.79% in year one, and rental yield is 9.96% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 135.01% and total cumulative return in cash sums $140,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,614/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.45 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: Adrian Rissling • RE/MAX All-Pro
Mls Name: GAVAR
Mls Provider:
Mls ID: #25001300
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.