38131 Lido DrPalmdaleCA93552
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
Investment property for sale in Palmdale at 38131 Lido Dr, Palmdale, CA, 93552 uses $152,159 cash to close to unlock $7,777/yr annual cash flow and $648/mo monthly cash flow. Total monthly income runs $3,488/mo, and a $2,247/mo payment keeps the spread at $648/mo. Purchase price stands at $459,000, and rental yield measures 9.12% with $3,488/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 130.27% and total cumulative return in cash records $198,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,488/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 1989
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea P Castaneda • RE/MAX All-Pro
Mls Name: GAVAR
Mls ID: #25008179