44237-44237 Cedar AveLancasterCA93534
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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 44237-44237 Cedar Ave, Lancaster, CA, 93534 generates $2,760/mo in rent, after a $2,888/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 14.56% in year one, and rental yield is 5.61% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash sums $143,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Multi Family
Built in 1954
9,209 sqft 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: Maxi Case • The Real Estate Place
Mls Name: CRMLS
Mls ID: #SR25229633