905 Carolyn LnTehachapiCA93561
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 905 Carolyn Ln, Tehachapi, CA, 93561 priced at $449,000 converts $4,711/mo rent into $1,912/mo cash flow after a $2,198/mo obligation. Total monthly income equals $4,711/mo, and annual cash flow totals $22,950/yr on $148,844 invested. Return on cash invested prints 35.33% in year one, and rental yield reads 12.59% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 185.59% and total cumulative return in cash sums $276,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,711/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2008
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wayne Horning • Coldwell Banker Frontier
Mls Name: TAAR
Mls ID: #9991500
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.