3700 Parkridge LnPalmdaleCA93551
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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 3700 Parkridge Ln, Palmdale, CA, 93551 listed at $599,000 pairs $5,734/mo rent with a $2,932/mo payment to leave $2,028/mo cash flow. Total monthly income runs $5,734/mo, and annual cash flow reaches $24,339/yr on $197,071 cash to close. Return on cash invested measures 32.41% in year one, and rental yield registers 11.49% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 169.86% and total cumulative return in cash totals $334,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,734/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.31 Acres 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: Yesenia Garcia • Rodeo Realty, Inc.
Mls Name: GAVAR
Mls ID: #26000337