1301 E Avenue I SPACE 393LancasterCA93535
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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 Lancaster at 1301 E Avenue I SPACE 393, Lancaster, CA, 93535 generates $1,244/mo in rent and, after a $783/mo payment, leaves $254/mo in cash flow. Total monthly income is $1,244/mo, and annual cash flow is $3,052/yr on $53,040 invested. Return on cash invested sits at 25.66% in year one, and rental yield is 9.33% on a $159,999 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 133.78% and total cumulative return in cash sums $70,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,244/mo property income rather than buyer’s personal income.
Manufactured
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93535, Lancaster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,348 (100%) |
| Owner Occupied HU | 15,198 (62.4%) |
| Renter Occupied HU | 8,314 (34.1%) |
| Vacant Housing Units | 836 ( 3.4%) |
| Median Home Value | $334,900 |
| Average Home Value | $465,242 |
Housing Distribution
Address Breakdown
Residential
23,534
Single Family
22,252
Multi-Family
1,282
Businesses
747
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Listed by: Lizeth A Gonzalez • Real Brokerage Technologies
Mls Name: GAVAR
Mls Provider:
Mls ID: #25002577
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.