39829 Gorham LnPalmdaleCA93551
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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 39829 Gorham Ln, Palmdale, CA, 93551 listed at $574,900 pairs $4,170/mo rent with a $2,814/mo payment to leave $613/mo cash flow. Total monthly income runs $4,170/mo, and annual cash flow reaches $7,361/yr on $189,142 cash to close. Return on cash invested measures 23.95% in year one, and rental yield registers 8.7% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 124.49% and total cumulative return in cash totals $235,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,170/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
6,969 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: Robert Galloway • RE/MAX All-Pro
Mls Name: GAVAR
Mls ID: #25005801