20683 Waalew Rd SPACE B48Apple ValleyCA92307
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
Investment property for sale in Apple Valley at 20683 Waalew Rd SPACE B48, Apple Valley, CA, 92307 listed at $119,999 pairs $939/mo rent with a $587/mo payment to leave $197/mo cash flow. Total monthly income runs $939/mo, and annual cash flow reaches $2,364/yr on $39,780 cash to close. Return on cash invested measures 25.85% in year one, and rental yield registers 9.39% at a $119,999 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 134.71% and total cumulative return in cash totals $53,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $939/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2017
N/A 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: Jonatan Sabillon • PONCE & PONCE REALTY, INC
Mls Name: CRMLS
Mls ID: #IG25272759