2300 W Avenue L #1LancasterCA93536
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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 2300 W Avenue L #1, Lancaster, CA, 93536 uses $162,435 cash to close to unlock $8,893/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $3,772/mo, and a $2,398/mo payment keeps the spread at $741/mo. Purchase price stands at $490,000, and rental yield measures 9.24% with $3,772/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 132.22% and total cumulative return in cash records $214,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,772/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.39 Acres 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: Jannette E Hernandez • Real Brokerage Technologies
Mls Name: GAVAR
Mls ID: #25007541