1805 W Columbia WayLancasterCA93534
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1805 W Columbia Way, Lancaster, CA, 93534 in Lancaster. Rental yield 3.66%. At $1,275,000 with 3.66% gross yield, current distributions are modest, but the 5% appreciation rate projects $352,259 in new equity by year five, complemented by $11,743/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.68) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $226,497.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 5.8% |
| Monthly Cash Flow | $(3,993) | $285 |
City averages based on Lancaster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,894 |
| Total Monthly Debt Service | $7,380 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
2.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
2.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Audrey T Miller • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25002821