OFF_MARKETNeutral Deal14 days on market

38332 Hillcrest Dr

38332 Hillcrest Dr, Palmdale, CA 93551, Palmdale, CA 93551
$579,900
Zestimate®:$580,800$900 Under Market

Listing Price

Property image 1
38332 Hillcrest Dr, Palmdale, CA 93551
Loc: Palmdale, CA
Days Listed
14
Tax Assessed
$370k
Zestimate®
$581k
0% Under Valued
Lot Size
6,970 sqft
Rent Estimate
$3,809/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Ocotillo Elementary School

K-5
0.7 mi away
2

David G. Millen Intermediate

6-8
1.9 mi away
4

Highland High School

9-12
2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.03%
Total ROI
19.8%
Cash Flow
$-18/mo
DSCR
0.99
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-31Pending sale$579,900$237
2026-07-14Listed for sale$579,900$237
2014-08-26Listing removed$279,900$114
2014-08-15Price change$279,900$114
2014-05-28Listed for sale$299,000$122
2002-08-22Sold$247,000$101
2000-12-13Sold$195,500$80

Tax History

YearProperty TaxTax Assessment
2026$0$369,984
2025$5,925.52$362,730
2024$5,594.3$355,618
2023$5,494.33$348,646
2022$5,296.09$341,811
2021$5,174.53$335,109
2020$5,119.27$331,674
2019$5,119.27$325,172
2018$4,954.22$318,797
2017$4,954.22$312,547
2016$4,882.31$286,900
2015$4,491.03$267,000
2014$4,253.95$267,000
2012$0$188,500
2011$0$203,500
2010$0$203,500
2009$0$203,500
2008$0$272,348
2007$0$267,009
2006$0$261,774
2005$0$261,774
2004$0$251,611
2003$0$247,000
2002$0$199,410
2000$0$17,300
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,452
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $579,900Rent Basis: Observed Comp Model ($3,809/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $290/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.99%

NOI: $28,940/yr

Cash-on-Cash Yield
-5.4%

On $133,377 invested

DSCR Ratio
0.80x

Negative debt coverage

5-Yr Leveraged ROI
+67.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$231/mo
Homeowner / Hazard Insurance-$290/mo
Vacancy Reserve (5% of rent)-$190/mo
Repairs & Maintenance (10% of rent)-$381/mo
Property Management (8% of rent)-$305/mo
Total Pure Operating Expenses-$1,397/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,809/mo
Less: Operating Expenses-$1,397/mo
Net Operating Income (NOI)+$2,412/mo
Less: Debt Service (30yr @ 6.75%)-$3,009/mo
Net Cash Flow
$-597/mo
$-7,167/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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