30901 Lanark StHomelandCA92548
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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
Rental property for sale in Homeland at 30901 Lanark St, Homeland, CA, 92548 priced at $616,311 converts $3,480/mo rent into after a $3,017/mo obligation. Total monthly income equals $3,480/mo. Return on cash invested prints 15.99% in year one, and rental yield reads 6.78% against a $616,311 entry. Equity gained on principal adds $3,977/yr, while 5% annual appreciation compiles into $170,275 by year five. Five-year ROI reaches 82.53% and total cumulative return in cash sums $167,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,480/mo property income covering a $3,017/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92548, Homeland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,231 (71.5%) |
| Renter Occupied HU | 695 (22.3%) |
| Vacant Housing Units | 195 ( 6.2%) |
| Median Home Value | $247,066 |
| Average Home Value | $392,761 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
1,936
Multi-Family
523
Businesses
51
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A