12994 Iroquois RdApple ValleyCA92308
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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 Apple Valley at 12994 Iroquois Rd, Apple Valley, CA, 92308 uses $128,291 cash to close to unlock $3,589/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $2,693/mo, and a $1,894/mo payment keeps the spread at $299/mo. Purchase price stands at $387,000, and rental yield measures 8.35% with $2,693/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $106,921 over five years. Five-year ROI reaches 117.87% and total cumulative return in cash records $151,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $1,894/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92308, Apple Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,237 (100%) |
| Owner Occupied HU | 10,924 (67.3%) |
| Renter Occupied HU | 4,349 (26.8%) |
| Vacant Housing Units | 964 ( 5.9%) |
| Median Home Value | $437,132 |
| Average Home Value | $509,812 |
Housing Distribution
Address Breakdown
Residential
15,471
Single Family
15,035
Multi-Family
436
Businesses
492
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Listed by: Beau Cooper • The Way Properties
Mls Name: CRMLS
Mls ID: #HD25185384