38510 92nd St EPalmdaleCA93591
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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 38510 92nd St E, Palmdale, CA, 93591 uses $165,419 cash to close to unlock $6,169/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $3,611/mo, and a $2,442/mo payment keeps the spread at $514/mo. Purchase price stands at $499,000, and rental yield measures 8.68% with $3,611/mo rent. Return on cash invested shows 23.64% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 122.88% and total cumulative return in cash records $203,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,611/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 2007
2.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93591, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,203 (100%) |
| Owner Occupied HU | 1,537 (69.8%) |
| Renter Occupied HU | 571 (25.9%) |
| Vacant Housing Units | 95 ( 4.3%) |
| Median Home Value | $269,969 |
| Average Home Value | $498,969 |
Housing Distribution
Address Breakdown
Residential
2,122
Single Family
2,122
Multi-Family
0
Businesses
53
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