638 W Avenue H #12LancasterCA93534
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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 638 W Avenue H #12, Lancaster, CA, 93534 generates $2,947/mo in rent, after a $2,496/mo payment. Total monthly income is $2,947/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 6.93% on a $509,999 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,903 over five years. Five-year ROI reaches 95.66% and total cumulative return in cash sums $160,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,947/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,098 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: Gustavo Rodriguez • Real Brokerage Technologies
Mls Name: GAVAR
Mls ID: #25009040