3121 San Luis DrLancasterCA93535
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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 Lancaster at 3121 San Luis Dr, Lancaster, CA, 93535 generates $4,361/mo in rent and, after a $2,521/mo payment, leaves $1,139/mo in cash flow. Total monthly income is $4,361/mo, and annual cash flow is $13,665/yr on $169,435 invested. Return on cash invested sits at 28.13% in year one, and rental yield is 10.16% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 146.96% and total cumulative return in cash sums $249,001. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,361/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
6,573 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93535, Lancaster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,348 (100%) |
| Owner Occupied HU | 15,198 (62.4%) |
| Renter Occupied HU | 8,314 (34.1%) |
| Vacant Housing Units | 836 ( 3.4%) |
| Median Home Value | $334,900 |
| Average Home Value | $465,242 |
Housing Distribution
Address Breakdown
Residential
23,534
Single Family
22,252
Multi-Family
1,282
Businesses
747
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Listed by: Eduardo Canas • Real Innovate Realty
Mls Name: CLAW
Mls Provider:
Mls ID: #24-394755
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.