1501 E I Ave SPACE 111LancasterCA93536
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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 1501 E I Ave SPACE 111, Lancaster, CA, 93536 generates $1,425/mo in rent and, after a $930/mo payment, leaves $250/mo in cash flow. Total monthly income is $1,425/mo, and annual cash flow is $2,995/yr on $62,985 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 9% on a $189,999 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,493 over five years. Five-year ROI reaches 128.36% and total cumulative return in cash sums $80,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,425/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93536, Lancaster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,142 (100%) |
| Owner Occupied HU | 17,245 (68.6%) |
| Renter Occupied HU | 6,960 (27.7%) |
| Vacant Housing Units | 937 ( 3.7%) |
| Median Home Value | $523,584 |
| Average Home Value | $637,609 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
23,654
Multi-Family
582
Businesses
567
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Listed by: Eudeli M Trujillo • The Path Realty, Inc.
Mls Name: GAVAR
Mls ID: #25005242