3255 East Ave SPACE R-34, Palmdale, CA, 93550 | $298/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3255 East Ave SPACE R-34, Palmdale, CA, 93550 | $298/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 3255 East Ave SPACE R-34, Palmdale, CA, 93550 offers a 9.3% rental yield on a $190,000 purchase with $1,473/mo rent. Total monthly income registers $1,473/mo, and a $930/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,571/yr on $62,985 to close, and return on cash invested stands at 25.58% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 133.27% and total cumulative return in cash at $83,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,473/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1969

N/A lot

$N/A/sqft

No HOA

More details about the property

Now available in Palmdale, this spacious 5-bedroom, 2-bathroom home offers 1,300 square feet of versatile living space and is a standout opportunity in the area. This well-maintained mobile home features a warm and inviting interior with wood-style flooring throughout and a spacious open-concept layout that blends the living, dining, and kitchen areas seamlessly. The kitchen is equipped with ample cabinetry, granite-style countertops, and a central island, ideal for cooking and entertaining. Each bedroom offers its own charm and flexibility, providing room for family, guests, or even a home office. The updated bathrooms include modern vanities and finishes, adding both comfort and functionality. A large, covered patio in the backyard provides a shaded area perfect for gatherings, relaxation, or outdoor hobbies. There's also a dedicated storage area and workspace, offering additional value and usability.

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