766 E Pillsbury StLancasterCA93535
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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 Lancaster at 766 E Pillsbury St, Lancaster, CA, 93535 uses $99,450 cash to close to unlock $3,174/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,120/mo, and a $1,468/mo payment keeps the spread at $265/mo. Purchase price stands at $300,000, and rental yield measures 8.48% with $2,120/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 119.96% and total cumulative return in cash records $119,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,120/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1963
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: Alex J Lopez • The Real Estate Club
Mls Name: GAVAR
Mls ID: #25005607