702 W Avenue H2LancasterCA93534
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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 702 W Avenue H2, Lancaster, CA, 93534 priced at $399,990 pairs $2,699/mo rent with after a $1,958/mo payment. Total monthly income equals $2,699/mo. Return on cash invested is 19.55% in year one, and rental yield stands at 8.1% on a $399,990 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,510 by year five. Five-year ROI measures 101.79% and total cumulative return in cash reaches $134,965. For financing, Ziffy Mortgage’s DSCR program evaluates $2,699/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
5,662 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: Esperanza M Marroquin • Marro Real Estate, Inc.
Mls Name: GAVAR
Mls Provider:
Mls ID: #25006246
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.