1030 E Ave S SPACE 36, Palmdale, CA, 93550 | $279/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1030 E Ave S SPACE 36, Palmdale, CA, 93550 | $279/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palmdale at 1030 E Ave S SPACE 36, Palmdale, CA, 93550 uses $64,643 cash to close to unlock $3,349/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,485/mo, and a $954/mo payment keeps the spread at $279/mo. Purchase price stands at $195,000, and rental yield measures 9.14% with $1,485/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash records $84,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,485/mo property income covering a $954/mo payment rather than investor’s personal income.

Manufactured

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Now is your chance to own a home in one of the Antelope Valley's most desirable parks! This beautifully renovated 2-bedroom, 2-bathroom comes equipped with new paint, quartz countertops in the kitchen as well as new flooring and light fixtures! Nestled in The Boulders at the Lake, this home has a massive living area with large bedrooms, and abundant closet and cabinet space throughout. The large windows bring in plenty of natural lighting, and the driveway easily accommodates 2 large vehicles. With a reasonable space rent and large yard, this home will be the perfect fit for anyone looking to live close to a multitude of shopping, dining, and other conveniences.

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