23971 Coral Springs LnTehachapiCA93561
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 23971 Coral Springs Ln, Tehachapi, CA, 93561 in Tehachapi is a conservative rental investment at $384,900. Rental yield 7.73%. A 1.43 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $106,341; $3,545/yr in principal paydown supplements. Total projected return: $143,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.0% |
| Monthly Cash Flow | $(55) | $300 |
City averages based on Tehachapi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,479 |
| Total Monthly Debt Service | $2,381 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1977
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carter Yeomans • BHHS Associated Real Estate
Mls Name: TAAR
Mls ID: #9993643
Disclaimer: Based on information from the Tehachapi Area Association of REALTORS as of 2026-02-17 18:17:19 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.