








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lancaster at 48303 20th St W SPACE 206, Lancaster, CA, 93534 uses $38,123 cash to close to unlock $2,489/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $919/mo, and a $563/mo payment keeps the spread at $207/mo. Purchase price stands at $115,000, and rental yield measures 9.59% with $919/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 137.93% and total cumulative return in cash records $52,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $919/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 93534, Lancaster, CA area.
| 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 |
Residential
15,550
Single Family
11,981
Multi-Family
3,569
Businesses
2,163
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $430.70 | 0.70% | $24,766 | 2.00% |
| 2023-05-29 | $427.70 | 1.78% | $24,281 | 2.00% |
| 2022-05-29 | $420.23 | 3.68% | $23,806 | 1.03% |



Listed by: Chad Macke • Realty Executives Platinum
Mls Name: GAVAR
Mls Provider:
Mls ID: #25004054
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.