30961 Lanark StHomelandCA92548
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow30961 Lanark St, Homeland, CA, 92548 in Homeland earns its strong cash-flow label: 12.41% yield, $5,832/mo rent, $2,345/mo net income, DSCR 2.30. The $563,710 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $155,743 by year five. Combined with $5,192/yr in principal paydown, total projected return reaches $364,604.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.0% |
| Monthly Cash Flow | $2,345 | $300 |
City averages based on Homeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,832 |
| Total Monthly Debt Service | $3,263 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices