39006 162nd St EPalmdaleCA93591
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 39006 162nd St E, Palmdale, CA, 93591 in Palmdale: $2,857/mo in rent, $506/mo in net income, 9.02% gross yield, 1.67 DSCR, all at $380,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $104,987 in appreciation and $3,500/yr in principal paydown projects total cumulative return of $176,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.8% |
| Monthly Cash Flow | $506 | $285 |
City averages based on Palmdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,857 |
| Total Monthly Debt Service | $2,200 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
0.67 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
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
Single Family
Built in 1985
0.67 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: Leslie Gowin • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25007472