608 E Lemon AveLompocCA93436
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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 Lompoc at 608 E Lemon Ave, Lompoc, CA, 93436 with 5% annual appreciation on a $410,000 basis while $3,509/mo rent supports operations. Total monthly income totals $3,509/mo and a $2,007/mo payment preserves $972/mo for cash returns. Annual cash flow comes to $11,669/yr on $135,915 deployed, and return on cash invested reaches 28.49% in year one. Equity gained on principal adds $2,646/yr, and five-year appreciation sums $113,275 alongside rental yield of 10.27%. Five-year ROI measures 148.89% and total cumulative return in cash totals $202,367.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,509/mo property income versus a $2,007/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93436, Lompoc, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,538 (100%) |
| Owner Occupied HU | 10,053 (51.5%) |
| Renter Occupied HU | 8,540 (43.7%) |
| Vacant Housing Units | 945 ( 4.8%) |
| Median Home Value | $513,530 |
| Average Home Value | $612,471 |
Housing Distribution
Address Breakdown
Residential
18,820
Single Family
17,507
Multi-Family
1,313
Businesses
1,120
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Listed by: N/A • N/A
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