38655 159th St EPalmdaleCA93591
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 38655 159th St E, Palmdale, CA, 93591 generates $3,431/mo in rent and, after a $1,958/mo payment, leaves $956/mo in cash flow. Total monthly income is $3,431/mo, and annual cash flow is $11,476/yr on $132,600 invested. Return on cash invested sits at 28.56% in year one, and rental yield is 10.29% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 149.26% and total cumulative return in cash sums $197,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: IMELDA CONTRERAS • Excellence RE Real Estate
Mls Name: CRMLS
Mls ID: #MB25157981