12999 Algonquin 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 12999 Algonquin Rd, Apple Valley, CA, 92308 offers a 8.03% rental yield on a $459,700 purchase with $3,077/mo rent. Total monthly income registers $3,077/mo, and a $2,250/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,799/yr on $152,391 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,966/yr while 5% annual appreciation supports $127,007 over five years. Portfolio math shows five-year ROI at 112.71% and total cumulative return in cash at $171,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,077/mo property income against a $2,250/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.73 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: Jonathan Minerick • Homecoin.com
Mls Name: CRMLS
Mls ID: #TR26003690