19068 Elm DrApple ValleyCA92308
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 Apple Valley at 19068 Elm Dr, Apple Valley, CA, 92308 priced at $279,900 converts $3,173/mo rent into $1,246/mo cash flow after a $1,370/mo obligation. Total monthly income equals $3,173/mo, and annual cash flow totals $14,953/yr on $92,787 invested. Return on cash invested prints 36.02% in year one, and rental yield reads 13.6% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 190.22% and total cumulative return in cash sums $176,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,173/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1989
2,695 sqft lot
$N/A/sqft
$190 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edwin Sanchez • MAINSTREET REALTORS
Mls Name: CRMLS
Mls Provider:
Mls ID: #CV24166713
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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