38851 Candlenut DrPalmdaleCA93551
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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 38851 Candlenut Dr, Palmdale, CA, 93551 offers a 6.82% rental yield on a $823,990 purchase with $4,680/mo rent. 21% in year one. Equity gained on principal adds $5,317/yr while 5% annual appreciation supports $227,653 over five years. Portfolio math shows five-year ROI at 93.71% and total cumulative return in cash at $254,031. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,680/mo property income against a $4,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,313 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93551, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,443 (100%) |
| Owner Occupied HU | 14,403 (78.1%) |
| Renter Occupied HU | 3,455 (18.7%) |
| Vacant Housing Units | 585 ( 3.2%) |
| Median Home Value | $611,973 |
| Average Home Value | $682,678 |
Housing Distribution
Address Breakdown
Residential
17,786
Single Family
16,787
Multi-Family
999
Businesses
1,049
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Listed by: Christopher Hopkins • Christopher Hopkins, Broker
Mls Name: CRMLS
Mls ID: #SR25176602