5335 Palmdale RdPhelanCA92371
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
Investment property for sale in Phelan at 5335 Palmdale Rd, Phelan, CA, 92371 uses $82,875 cash to close to unlock $1,189/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $1,646/mo, and a $1,224/mo payment keeps the spread at $99/mo. Purchase price stands at $250,000, and rental yield measures 7.9% with $1,646/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 110.59% and total cumulative return in cash records $91,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,646/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1959
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92371, Phelan, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,232 (100%) |
| Owner Occupied HU | 4,375 (70.2%) |
| Renter Occupied HU | 1,195 (19.2%) |
| Vacant Housing Units | 662 (10.6%) |
| Median Home Value | $498,568 |
| Average Home Value | $535,235 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,922
Multi-Family
0
Businesses
118
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Listed by: Cynthia Vanover • HOMESMART KEY REALTY
Mls Name: CRMLS
Mls ID: #CV25167150