2823 W Avenue K12 APT 138LancasterCA93536
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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 2823 W Avenue K12 APT 138, Lancaster, CA, 93536 earns $1,050/mo cash flow from $3,215/mo rent with a $1,713/mo payment. Total monthly income totals $3,215/mo, and annual cash flow totals $12,599/yr on $116,025 capital. ROI tracks 30.77% on current figures, and rental yield reads 11.02% at a $349,999 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 over five years. Five-year ROI reaches 161.07% and total cumulative return in cash sums $186,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,215/mo property income instead of your personal income.
Condo
Built in 1990
6.83 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: Wendy S Galicia • eXp Realty of Greater Los Angeles, Inc.
Mls Name: GAVAR
Mls ID: #25006840