37701 Bluette LnPalmdaleCA93551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 37701 Bluette Ln, Palmdale, CA, 93551 offers $6,076/mo rent that, after a $2,682/mo payment, leaves $2,544/mo cash flow. Total monthly income is $6,076/mo, and annual cash flow is $30,527/yr on $180,249 cash. Return on cash invested measures 37% in year one, and rental yield stands at 13.31% at a $547,870 entry. Equity gained on principal adds $3,535/yr while 5% annual appreciation compounds into $151,366 by year five. Five-year ROI records 194.78% and total cumulative return in cash reaches $351,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,076/mo property income versus a $2,682/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
4,700 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: Charla Gonzales • Re/Max All-Pro
Mls Name: TAAR
Mls ID: #9991303
Disclaimer: Based on information from the Tehachapi Area Association of REALTORS as of 2024-08-15 05:57:49 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.