360 Morningside TerPalmdaleCA93551
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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 360 Morningside Ter, Palmdale, CA, 93551 with 5% annual appreciation on a $450,000 basis while $4,096/mo rent supports operations. Total monthly income totals $4,096/mo and a $2,203/mo payment preserves $1,312/mo for cash returns. Annual cash flow comes to $15,741/yr on $149,175 deployed, and return on cash invested reaches 30.46% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 10.92%. Five-year ROI measures 159.42% and total cumulative return in cash totals $237,810.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,096/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
7,208 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: Ma De La Luz Zavala • First Team Real Estate
Mls Name: CRMLS
Mls ID: #DW25272002