23859 Papago RdApple 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
Rental property for sale in Apple Valley at 23859 Papago Rd, Apple Valley, CA, 92307 generates $3,992/mo in rent and, after a $1,957/mo payment, leaves $1,518/mo in cash flow. Total monthly income is $3,992/mo, and annual cash flow is $18,222/yr on $132,567 invested. Return on cash invested sits at 33.65% in year one, and rental yield is 11.98% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 176.56% and total cumulative return in cash sums $234,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,992/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.02 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: Aaron Drobnick • Keller Williams High Desert
Mls Name: CRMLS
Mls ID: #HD25171865