609 E Pillsbury StLancasterCA93535
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 609 E Pillsbury St, Lancaster, CA, 93535 at $414,900 posts ROI 26.18% with $719/mo cash flow from $3,286/mo rent. Total monthly income equals $3,286/mo, and annual cash flow records $8,629/yr on $137,539 to close. Return on cash invested measures 26.18% and rental yield reads 9.5% at the current $414,900. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 by year five. Five-year ROI prints 136.51% and total cumulative return in cash totals $187,754.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,286/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
7,405 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: Michael Watson • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25007782