19111 Palo Verde DrApple ValleyCA92308
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 19111 Palo Verde Dr, Apple Valley, CA, 92308 in Apple Valley achieves 1.77, rent of $1,216/mo covers the $686/mo payment 1.5x over at $152,500. Rental yield 9.57%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $42,133 over five years, with $1,405/yr in principal reduction bringing total projected return to $75,409.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.8% |
| Monthly Cash Flow | $(290) | $450 |
City averages based on Apple Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,216 |
| Total Monthly Debt Service | $883 |
| DSCR Ratio | 1.38x |
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.
Condo
Built in 1991
848 sqft 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
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
Condo
Built in 1991
848 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #OC25266593