20683 Waalew Rd SPACE B190Apple ValleyCA92307
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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 20683 Waalew Rd SPACE B190, Apple Valley, CA, 92307 offers a 9.61% rental yield on a $134,999 purchase with $1,081/mo rent. Total monthly income registers $1,081/mo, and a $661/mo payment leaves $246/mo available for distribution. Annual cash flow reaches $2,948/yr on $44,752 to close, and return on cash invested stands at 26.5% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 138.2% and total cumulative return in cash at $61,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,081/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
1,440 sqft 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
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Listed by: Luz Lopez • Century 21 Jervis & Associates
Mls Name: CRMLS
Mls ID: #DW25172959