1240 Lily St, Wasco, CA, 93280 | $340/mo Cash Flow

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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

Rental property for sale in Wasco at 1240 Lily St, Wasco, CA, 93280 offers $2,381/mo rent that, after a $1,615/mo payment, leaves $340/mo cash flow. Total monthly income is $2,381/mo, and annual cash flow is $4,077/yr on $109,395 cash. Return on cash invested measures 23.64% in year one, and rental yield stands at 8.66% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 122.82% and total cumulative return in cash reaches $134,363. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,381/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93280, Wasco, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,875 (100%)
Owner Occupied HU	3,677 (53.5%)
Renter Occupied HU	2,911 (42.3%)
Vacant Housing Units	287 ( 4.2%)
Median Home Value	$289,968
Average Home Value	$339,895