1301 E Avenue I SPC 303LancasterCA93535
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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
Investment property for sale in Lancaster at 1301 E Avenue I SPC 303, Lancaster, CA, 93535 offers a 9.3% rental yield on a $130,000 purchase with $1,008/mo rent. Total monthly income registers $1,008/mo, and a $636/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,449/yr on $43,095 to close, and return on cash invested stands at 25.59% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 133.44% and total cumulative return in cash at $57,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,008/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
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: Lily Artiga • eXp Realty of California, Inc.
Mls Name: GAVAR
Mls ID: #25005806