28250 Griffin StTehachapiCA93561
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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
Investment property for sale in Tehachapi at 28250 Griffin St, Tehachapi, CA, 93561 uses $74,588 cash to close to unlock $7,732/yr annual cash flow and $644/mo monthly cash flow. Total monthly income runs $2,036/mo, and a $1,101/mo payment keeps the spread at $644/mo. Purchase price stands at $225,000, and rental yield measures 10.86% with $2,036/mo rent. Return on cash invested shows 30.28% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 158.45% and total cumulative return in cash records $118,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,036/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.62 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: Diana Williams • Coldwell Banker Frontier
Mls Name: TAAR
Mls ID: #9993335