600 S Dennison Rd SPACE 56TehachapiCA93561
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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 600 S Dennison Rd SPACE 56, Tehachapi, CA, 93561 uses $74,588 cash to close to unlock $12,328/yr annual cash flow and $1,027/mo monthly cash flow. Total monthly income runs $2,419/mo, and a $1,101/mo payment keeps the spread at $1,027/mo. Purchase price stands at $225,000, and rental yield measures 12.9% with $2,419/mo rent. Return on cash invested shows 36.44% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 191.51% and total cumulative return in cash records $142,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,419/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
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: Lorena Semerenko • RE/MAX All-Pro
Mls Name: GAVAR
Mls Provider:
Mls ID: #24006951
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.