1662 W Lumber StLancasterCA93534
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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 1662 W Lumber St, Lancaster, CA, 93534 uses $171,080 cash to close to unlock $5,296/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $3,658/mo, and a $2,545/mo payment keeps the spread at $441/mo. Purchase price stands at $519,999, and rental yield measures 8.44% with $3,658/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash records $205,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,658/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 1986
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93534, Lancaster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,405 (100%) |
| Owner Occupied HU | 5,839 (35.6%) |
| Renter Occupied HU | 9,673 (59.0%) |
| Vacant Housing Units | 893 ( 5.4%) |
| Median Home Value | $332,234 |
| Average Home Value | $443,400 |
Housing Distribution
Address Breakdown
Residential
15,550
Single Family
11,981
Multi-Family
3,569
Businesses
2,163
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Listed by: Brian L Godin • Berkshire Hathaway HomeServices Troth, REALTORS
Mls Name: GAVAR
Mls ID: #25009438