38318 17th St EPalmdaleCA93550
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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 38318 17th St E, Palmdale, CA, 93550 earns $298/mo cash flow from $3,019/mo rent with a $2,153/mo payment. Total monthly income totals $3,019/mo, and annual cash flow totals $3,573/yr on $145,827 capital. ROI tracks 22.36% on current figures, and rental yield reads 8.24% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash sums $169,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,019/mo property income instead of your personal income.
Single Family
Built in 1952
6,098 sqft 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: Andrea P Castaneda • RE/MAX All-Pro
Mls Name: GAVAR
Mls ID: #25008659