29681 Greenwater 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
Investment property for sale in Tehachapi at 29681 Greenwater Dr, Tehachapi, CA, 93561 offers a 7.68% rental yield on a $535,000 purchase with $3,422/mo rent. Total monthly income registers $3,422/mo, and a $2,619/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,343/yr on $176,015 to close, and return on cash invested stands at 20.82% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 107.71% and total cumulative return in cash at $189,580. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,422/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.26 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: George R. Dome • Keller Williams Tehachapi
Mls Name: TAAR
Mls ID: #9992788