42849 15th St W UNIT 4LancasterCA93534
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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
Investment property for sale in Lancaster at 42849 15th St W UNIT 4, Lancaster, CA, 93534 offers a 10.06% rental yield on a $310,000 purchase with $2,600/mo rent. Total monthly income registers $2,600/mo, and a $1,517/mo payment leaves $683/mo available for distribution. Annual cash flow reaches $8,191/yr on $102,765 to close, and return on cash invested stands at 27.88% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 145.6% and total cumulative return in cash at $149,623. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,600/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
4.60 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: Jared Erfle • Select Service Realty
Mls Name: GAVAR
Mls Provider:
Mls ID: #25004947
Disclaimer: 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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.