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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palmdale at 1702 E Carson Mesa Rd, Palmdale, CA, 93550 generates $3,240/mo in rent, after a $2,937/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 17.19% in year one, and rental yield is 6.48% on a $599,995 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,768 over five years. Five-year ROI reaches 88.22% and total cumulative return in cash sums $174,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
6.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 93550, Palmdale, CA area.
| 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 |
Residential
23,372
Single Family
19,165
Multi-Family
4,207
Businesses
1,540
Date | Event | Price |
|---|---|---|
| 2025-01-05 | Price change | $599,995 |
| 2024-09-11 | Listed for sale | $655,000 |
| 2024-08-18 | Listing removed | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Errol Valladares • Re/Max of Santa Clarita
Mls Name: GAVAR
Mls Provider:
Mls ID: #24006839
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.
