6029 Oro CtPalmdaleCA93552
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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 6029 Oro Ct, Palmdale, CA, 93552 offers a 8.51% rental yield on a $499,000 purchase with $3,540/mo rent. Total monthly income registers $3,540/mo, and a $2,442/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,441/yr on $165,419 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 120.48% and total cumulative return in cash at $199,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,540/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93552, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,196 (100%) |
| Owner Occupied HU | 8,450 (75.5%) |
| Renter Occupied HU | 2,511 (22.4%) |
| Vacant Housing Units | 235 ( 2.1%) |
| Median Home Value | $429,971 |
| Average Home Value | $572,530 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
10,960
Multi-Family
0
Businesses
153
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Listed by: Jasmine Bonnell • Pinnacle Estate Properties
Mls Name: GAVAR
Mls ID: #25005480