428 W Avenue J5 UNIT 21LancasterCA93534
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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 428 W Avenue J5 UNIT 21, Lancaster, CA, 93534 priced at $330,000 converts $2,560/mo rent into $519/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,560/mo, and annual cash flow totals $6,225/yr on $109,395 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.31% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 133.35% and total cumulative return in cash sums $145,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,560/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Condo
Built in 1985
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93534, Lancaster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,405 (100%) |
| Owner Occupied HU | 5,839 (35.6%) |
| Renter Occupied HU | 9,673 (59.0%) |
| Vacant Housing Units | 893 ( 5.4%) |
| Median Home Value | $332,234 |
| Average Home Value | $443,400 |
Housing Distribution
Address Breakdown
Residential
15,550
Single Family
11,981
Multi-Family
3,569
Businesses
2,163
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Listed by: Catalina Alvarez • Park Regency Realty
Mls Name: GAVAR
Mls ID: #25008506