3115 Crowne DrPalmdaleCA93551
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
Rental property for sale in Palmdale at 3115 Crowne Dr, Palmdale, CA, 93551 generates $3,881/mo in rent and, after a $2,691/mo payment, leaves $480/mo in cash flow. Total monthly income is $3,881/mo, and annual cash flow is $5,757/yr on $180,917 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 8.47% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash sums $218,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,881/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93551, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,443 (100%) |
| Owner Occupied HU | 14,403 (78.1%) |
| Renter Occupied HU | 3,455 (18.7%) |
| Vacant Housing Units | 585 ( 3.2%) |
| Median Home Value | $611,973 |
| Average Home Value | $682,678 |
Housing Distribution
Address Breakdown
Residential
17,786
Single Family
16,787
Multi-Family
999
Businesses
1,049
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Listed by: Christie M Limpus • Berkshire Hathaway HomeServices Troth, REALTORS
Mls Name: GAVAR
Mls ID: #25007210