2897 Chuckwagon RdPalmdaleCA93550
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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 Palmdale at 2897 Chuckwagon Rd, Palmdale, CA, 93550 earns $321/mo cash flow from $3,569/mo rent with a $2,570/mo payment. Total monthly income totals $3,569/mo, and annual cash flow totals $3,850/yr on $172,725 capital. ROI tracks 22.29% on current figures, and rental yield reads 8.16% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 115.57% and total cumulative return in cash sums $199,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,569/mo property income instead of your personal income.
Single Family
Built in 1997
8,951 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93550, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,509 (100%) |
| Owner Occupied HU | 12,705 (51.8%) |
| Renter Occupied HU | 10,969 (44.8%) |
| Vacant Housing Units | 835 ( 3.4%) |
| Median Home Value | $366,064 |
| Average Home Value | $444,424 |
Housing Distribution
Address Breakdown
Residential
23,372
Single Family
19,165
Multi-Family
4,207
Businesses
1,540
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Listed by: Melissa Westfall • Opendoor Brokerage Inc.
Mls Name: CLAW
Mls ID: #25594317