37311 47th St E SPACE 187PalmdaleCA93552
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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 37311 47th St E SPACE 187, Palmdale, CA, 93552 earns $217/mo cash flow from $959/mo rent with a $587/mo payment. Total monthly income totals $959/mo, and annual cash flow totals $2,604/yr on $39,780 capital. ROI tracks 26.45% on current figures, and rental yield reads 9.59% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 137.91% and total cumulative return in cash sums $54,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $959/mo property income instead of your personal income.
Manufactured
Built in 1968
N/A 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: Marie Longjohn • Re/Max All-Pro
Mls Name: CRMLS
Mls ID: #SR25198378