Plan 2370 Modeled Plan, IronwoodLancasterCA93536
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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 Plan 2370 Modeled Plan, Ironwood, Lancaster, CA, 93536 priced at $600,990 converts $6,400/mo rent into $2,682/mo cash flow after a $2,942/mo obligation. Total monthly income equals $6,400/mo, and annual cash flow totals $32,181/yr on $197,726 invested. Return on cash invested prints 36.34% in year one, and rental yield reads 12.78% against a $600,990 entry. Equity gained on principal adds $3,878/yr, while 5% annual appreciation compiles into $166,042 by year five. Five-year ROI reaches 190.89% and total cumulative return in cash sums $377,447. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,400/mo property income covering a $2,942/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93536, Lancaster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,142 (100%) |
| Owner Occupied HU | 17,245 (68.6%) |
| Renter Occupied HU | 6,960 (27.7%) |
| Vacant Housing Units | 937 ( 3.7%) |
| Median Home Value | $523,584 |
| Average Home Value | $637,609 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
23,654
Multi-Family
582
Businesses
567
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Listed by: Ashia Gomes and Melanie Gonzalez • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A