1053 Ironwood AvePalmdaleCA93551
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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 Palmdale at 1053 Ironwood Ave, Palmdale, CA, 93551 uses $91,381 cash to close to unlock $26,929/yr annual cash flow and $2,244/mo monthly cash flow. Total monthly income runs $4,180/mo, and a $1,349/mo payment keeps the spread at $2,244/mo. Purchase price stands at $275,659, and rental yield measures 18.2% with $4,180/mo rent. Return on cash invested shows 49.38% in year one, and 5% annual appreciation builds toward $76,160 over five years. Five-year ROI reaches 262.01% and total cumulative return in cash records $239,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,180/mo property income covering a $1,349/mo payment rather than investor’s personal income.
Single Family
Built in 1996
6,635 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93551, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,443 (100%) |
| Owner Occupied HU | 14,403 (78.1%) |
| Renter Occupied HU | 3,455 (18.7%) |
| Vacant Housing Units | 585 ( 3.2%) |
| Median Home Value | $611,973 |
| Average Home Value | $682,678 |
Housing Distribution
Address Breakdown
Residential
17,786
Single Family
16,787
Multi-Family
999
Businesses
1,049
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