1501 East St #I-115LancasterCA93535
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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 1501 East St #I-115, Lancaster, CA, 93535 earns $223/mo cash flow from $1,244/mo rent with a $808/mo payment. Total monthly income totals $1,244/mo, and annual cash flow totals $2,674/yr on $54,698 capital. ROI tracks 24.8% on current figures, and rental yield reads 9.05% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 129.09% and total cumulative return in cash sums $70,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,244/mo property income instead of your personal income.
Manufactured
Built in 2005
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: Manny Morales • JohnHart Real Estate
Mls Name: JohnHart Real Estate
Mls ID: #SR26024007