1030 E Ave S SPACE 1PalmdaleCA93550
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 Palmdale at 1030 E Ave S SPACE 1, Palmdale, CA, 93550 earns $460/mo cash flow from $1,907/mo rent with a $1,145/mo payment. Total monthly income totals $1,907/mo, and annual cash flow totals $5,517/yr on $77,571 capital. ROI tracks 27.02% on current figures, and rental yield reads 9.78% at a $234,000 purchase. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 over five years. Five-year ROI reaches 140.98% and total cumulative return in cash sums $109,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,907/mo property income instead of your personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93550, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,509 (100%) |
| Owner Occupied HU | 12,705 (51.8%) |
| Renter Occupied HU | 10,969 (44.8%) |
| Vacant Housing Units | 835 ( 3.4%) |
| Median Home Value | $366,064 |
| Average Home Value | $444,424 |
Housing Distribution
Address Breakdown
Residential
23,372
Single Family
19,165
Multi-Family
4,207
Businesses
1,540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Lee London • 3L Realty
Mls Name: GAVAR
Mls Provider:
Mls ID: #24007995
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.