38553 4th St EPalmdaleCA93550
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 38553 4th St E, Palmdale, CA, 93550 generates $3,222/mo in rent and, after a $1,689/mo payment, leaves $1,087/mo in cash flow. Total monthly income is $3,222/mo, and annual cash flow is $13,048/yr on $114,368 invested. Return on cash invested sits at 31.32% in year one, and rental yield is 11.21% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 164.03% and total cumulative return in cash sums $187,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,222/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marvin J McKinnon • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25008747