416 E Lingard StLancasterCA93535
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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 416 E Lingard St, Lancaster, CA, 93535 generates $3,101/mo in rent and, after a $2,006/mo payment, leaves $308/mo in cash flow. Total monthly income is $3,101/mo, and annual cash flow is $3,690/yr on $135,849 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 9.08% on a $409,800 entry. Equity gained on principal adds $2,644/yr, while 5% annual appreciation builds toward $113,220 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash sums $160,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,101/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,969 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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