1841 E Avenue J #4-5LancasterCA93535
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
Investment Highlights
Investment property for sale in Lancaster at 1841 E Avenue J #4-5, Lancaster, CA, 93535 uses $56,355 cash to close to unlock $3,257/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,323/mo, and a $832/mo payment keeps the spread at $271/mo. Purchase price stands at $170,000, and rental yield measures 9.34% with $1,323/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash records $75,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,323/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1985
871.20 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jimmy Mora • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25005236