37215 Queen Anne PlPalmdaleCA93551
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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 37215 Queen Anne Pl, Palmdale, CA, 93551 uses $169,435 cash to close to unlock $3,405/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $3,470/mo, and a $2,521/mo payment keeps the spread at $284/mo. Purchase price stands at $515,000, and rental yield measures 8.09% with $3,470/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash records $193,813. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,470/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 2006
4,356 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: Liliana Pineda • Redfin Corporation
Mls Name: GAVAR
Mls ID: #26000287