15135 Cheyenne RdApple ValleyCA92307
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 15135 Cheyenne Rd, Apple Valley, CA, 92307 in Apple Valley: $3,246/mo in rent, $339/mo in net income, 8.29% gross yield, 1.54 DSCR, all at $469,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $129,825 in appreciation and $4,328/yr in principal paydown projects total cumulative return of $200,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.8% |
| Monthly Cash Flow | $339 | $450 |
City averages based on Apple Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,246 |
| Total Monthly Debt Service | $2,720 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92307, Apple Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,648 (100%) |
| Owner Occupied HU | 9,742 (66.5%) |
| Renter Occupied HU | 4,082 (27.9%) |
| Vacant Housing Units | 824 ( 5.6%) |
| Median Home Value | $486,553 |
| Average Home Value | $576,160 |
Housing Distribution
Address Breakdown
Residential
14,032
Single Family
13,950
Multi-Family
82
Businesses
1,024
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
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92307, Apple Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,648 (100%) |
| Owner Occupied HU | 9,742 (66.5%) |
| Renter Occupied HU | 4,082 (27.9%) |
| Vacant Housing Units | 824 ( 5.6%) |
| Median Home Value | $486,553 |
| Average Home Value | $576,160 |
Housing Distribution
Address Breakdown
Residential
14,032
Single Family
13,950
Multi-Family
82
Businesses
1,024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SONIA ARIAS • Excellence RE Real Estate Inc
Mls Name: CRMLS
Mls ID: #IV25249689