467 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 467 E Lingard St, Lancaster, CA, 93535 priced at $399,900 converts $3,284/mo rent into $810/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,284/mo, and annual cash flow totals $9,726/yr on $132,567 invested. Return on cash invested prints 27.25% in year one, and rental yield reads 9.85% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 142.19% and total cumulative return in cash sums $188,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,284/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,534 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: Sandra Meza • Sandra Meza, Broker
Mls Name: GAVAR
Mls ID: #25008274