1215 Date Palm DrPalmdaleCA93551
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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
Rental property for sale in Palmdale at 1215 Date Palm Dr, Palmdale, CA, 93551 offers $3,818/mo rent that, after a $3,035/mo payment. Total monthly income is $3,818/mo. Return on cash invested measures 19.96% in year one, and rental yield stands at 7.39% at a $620,000 entry. Equity gained on principal adds $4,001/yr while 5% annual appreciation compounds into $171,295 by year five. Five-year ROI records 103.07% and total cumulative return in cash reaches $210,243. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,818/mo property income versus a $3,035/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93551, Palmdale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,443 (100%) |
| Owner Occupied HU | 14,403 (78.1%) |
| Renter Occupied HU | 3,455 (18.7%) |
| Vacant Housing Units | 585 ( 3.2%) |
| Median Home Value | $611,973 |
| Average Home Value | $682,678 |
Housing Distribution
Address Breakdown
Residential
17,786
Single Family
16,787
Multi-Family
999
Businesses
1,049
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Listed by: Hunseu Teav • Cobblestone Realty Inc.
Mls Name: GAVAR
Mls ID: #25005183