








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 3524 E Avenue R SPACE 298, Palmdale, CA, 93550 generates $2,784/mo in rent and, after a $587/mo payment, leaves $2,042/mo in cash flow. Total monthly income is $2,784/mo, and annual cash flow is $24,504/yr on $39,780 invested. Return on cash invested sits at 81.51% in year one, and rental yield is 27.84% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 433.14% and total cumulative return in cash sums $172,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,784/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
5 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 |
|---|---|---|
| 2025-05-14 | Sold | $120,000 |
| 2025-04-04 | Pending sale | $140,000 |
| 2024-09-01 | Listed for sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $473.52 | 1.53% | $37,519 | 1.43% |
| 2023-10-09 | $466.38 | 3.22% | $36,989 | 1.19% |
| 2022-10-09 | $451.81 | 15.66% | $36,554 | 14.49% |



Listed by: Marie E Longjohn • RE/MAX All-Pro
Mls Name: GAVAR
Mls Provider:
Mls ID: #24006577
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.