313 S Robinson StTehachapiCA93561
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
Investment Highlights
Rental property for sale in Tehachapi at 313 S Robinson St, Tehachapi, CA, 93561 priced at $260,000 converts $5,660/mo rent into $4,051/mo cash flow after a $1,273/mo obligation. Total monthly income equals $5,660/mo, and annual cash flow totals $48,614/yr on $86,190 invested. Return on cash invested prints 76.31% in year one, and rental yield reads 26.12% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 405.34% and total cumulative return in cash sums $349,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,660/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,098 sqft 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: Javier Guzman • Agentcor-Big Block Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407110
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.