21909 Cherokee AveApple 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 21909 Cherokee Ave, Apple Valley, CA, 92307 earns $374/mo cash flow from $2,693/mo rent with a $1,835/mo payment. Total monthly income totals $2,693/mo, and annual cash flow totals $4,483/yr on $124,313 capital. ROI tracks 23.52% on current figures, and rental yield reads 8.62% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 122.18% and total cumulative return in cash sums $151,887. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,693/mo property income instead of your personal income.
Single Family
Built in 1987
0.51 Acres 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: Joshua Vera • Keller Williams High Desert
Mls Name: CRMLS
Mls ID: #HD25186903