707 W Avenue H9LancasterCA93534
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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 707 W Avenue H9, Lancaster, CA, 93534 priced at $419,990 converts $3,641/mo rent into $782/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,641/mo, and annual cash flow totals $9,381/yr on $139,227 invested. Return on cash invested prints 26.65% in year one, and rental yield reads 10.4% against a $419,990 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,035 by year five. Five-year ROI reaches 139.78% and total cumulative return in cash sums $194,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,641/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1955
9,583 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: Elvis Sandoval • Vinco Vinco Realty Group
Mls Name: GAVAR
Mls Provider:
Mls ID: #24008313
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.