28339 Mimi LnLancasterCA93536
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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 28339 Mimi Ln, Lancaster, CA, 93536 uses $164,093 cash to close to unlock $9,379/yr annual cash flow and $782/mo monthly cash flow. Total monthly income runs $3,844/mo, and a $2,423/mo payment keeps the spread at $782/mo. Purchase price stands at $495,000, and rental yield measures 9.32% with $3,844/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash records $219,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,844/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
2.55 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: Anush Ferakhyan • The One Luxury Properties
Mls Name: CRMLS
Mls ID: #GD25243865