600 S Dennison Rd SPC 24TehachapiCA93561
Nearby investment properties with comparable rents
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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
Rental property for sale in Tehachapi at 600 S Dennison Rd SPC 24, Tehachapi, CA, 93561 offers $2,694/mo rent that, after a $778/mo payment, leaves $1,705/mo cash flow. Total monthly income is $2,694/mo, and annual cash flow is $20,458/yr on $52,709 cash. Return on cash invested measures 58.72% in year one, and rental yield stands at 20.33% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 311.02% and total cumulative return in cash reaches $163,932. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,694/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
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: Your Tehachapi Team • RE/MAX Tehachapi
Mls Name: TAAR
Mls ID: #9991473
Disclaimer: Based on information from the Tehachapi Area Association of REALTORS as of 2024-08-27 07:30:26 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.