3701 Las Palmas AvePalmdaleCA93550
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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 3701 Las Palmas Ave, Palmdale, CA, 93550 priced at $349,280 converts $5,692/mo rent into $3,167/mo cash flow after a $1,710/mo obligation. Total monthly income equals $5,692/mo, and annual cash flow totals $38,008/yr on $115,786 invested. Return on cash invested prints 52.73% in year one, and rental yield reads 19.56% against a $349,280 entry. Equity gained on principal adds $2,254/yr, while 5% annual appreciation compiles into $96,500 by year five. Five-year ROI reaches 280.25% and total cumulative return in cash sums $324,496. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,692/mo property income covering a $1,710/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A