600 S Dennison Rd SPACE 121TehachapiCA93561
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
Investment property for sale in Tehachapi at 600 S Dennison Rd SPACE 121, Tehachapi, CA, 93561 earns $2,342/mo cash flow from $3,406/mo rent with a $842/mo payment. Total monthly income totals $3,406/mo, and annual cash flow totals $28,102/yr on $57,018 capital. ROI tracks 69.2% on current figures, and rental yield reads 23.76% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 367.13% and total cumulative return in cash sums $209,329. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,406/mo property income instead of your personal income.
Manufactured
Built in 1991
N/A 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: Mary Morales • Platinum Realty Group
Mls Name: TAAR
Mls ID: #9991454
Disclaimer: Based on information from the Tehachapi Area Association of REALTORS as of 2024-08-15 07:57:46 PDT. 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.