21621 Sandia Rd #150Apple ValleyCA92308
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 21621 Sandia Rd #150, Apple Valley, CA, 92308 in Apple Valley is narrow, $169/mo net on $1,437/mo rent after the $922/mo debt service, but the property operates at break-even-plus, not a loss. At $205,000 with a 8.41% yield, the long-run equity case via 5% appreciation ($56,638 over five years) and $1,888/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $88,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.8% |
| Monthly Cash Flow | $169 | $450 |
City averages based on Apple Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,437 |
| Total Monthly Debt Service | $1,187 |
| DSCR Ratio | 1.21x |
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.
Manufactured
Built in 2025
N/A 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
Manufactured
Built in 2025
N/A 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: Vivian Lee • Desert Pacifica Real Estate Co
Mls Name: CRMLS
Mls ID: #HD26017855