35815 42nd St EPalmdaleCA93552
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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 Palmdale at 35815 42nd St E, Palmdale, CA, 93552 generates $3,424/mo in rent and, after a $2,247/mo payment, leaves $584/mo in cash flow. Total monthly income is $3,424/mo, and annual cash flow is $7,009/yr on $152,159 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 8.95% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash sums $194,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,424/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93552, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,196 (100%) |
| Owner Occupied HU | 8,450 (75.5%) |
| Renter Occupied HU | 2,511 (22.4%) |
| Vacant Housing Units | 235 ( 2.1%) |
| Median Home Value | $429,971 |
| Average Home Value | $572,530 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,960
Multi-Family
0
Businesses
153
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Listed by: Robert Pitts • Robert Pitts Estates
Mls Name: GAVAR
Mls ID: #25004368