29201 Surrey WayTehachapiCA93561
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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 29201 Surrey Way, Tehachapi, CA, 93561 offers a 8.41% rental yield on a $425,000 purchase with $2,978/mo rent. Total monthly income registers $2,978/mo, and a $2,080/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,188/yr on $140,888 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 118.8% and total cumulative return in cash at $167,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,978/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
4.90 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: Amee M. Skutvik • Keller Williams Tehachapi
Mls Name: TAAR
Mls ID: #9993358