OFF_MARKETRisky Deal7 days on market

43639 Elm Ave

43639 Elm Ave, Lancaster, CA 93534, Lancaster, CA 93534
$450,000
Zestimate®:$450,700$700 Under Market

Listing Price

Property image 1
43639 Elm Ave, Lancaster, CA 93534
Loc: Lancaster, CA
Days Listed
7
Tax Assessed
$256k
Zestimate®
$451k
0% Under Valued
Lot Size
7,405 sqft
Rent Estimate
$2,873/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

3

Sierra Elementary School

K-5
0.3 mi away
1

Endeavour Middle School

6-8
4 mi away
3

Antelope Valley High School

9-12
1.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Risky
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
5.95%
Total ROI
19.4%
Cash Flow
$-46/mo
DSCR
0.98
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Data provided by Haven AI. Disclaimer

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Haven AI

This property presents a challenging proposition for the conservative investor. While the 5.95% gross yield is respectable for California, the negative monthly cash flow of -$45.64 is a primary concern. For a conservative analyst, an investment that requires monthly out-of-pocket contributions is speculative, as it relies entirely on the 4% projected appreciation to generate a net return. Lancaster offers a lower entry point than coastal Los Angeles, but it typically sees higher maintenance and utility costs due to the high-desert climate. Without a significant down payment increase or a reduction in price, this asset fails to provide the necessary safety margin required for a stable income-producing portfolio.

Strengths
  • High rental yield relative to the broader California market
  • 3-bedroom, 3-bathroom configuration is highly desirable for families
  • Lower price point for a single-family home in the Los Angeles County area
  • Strong square footage at 1,793 sqft supports competitive market rents
Considerations
  • Negative monthly cash flow indicates the property is not self-sustaining at current debt levels
  • Dependence on appreciation rather than income for total return
  • Lancaster historically experiences higher volatility and longer commute-based vacancy risks
  • Conservative analysis suggests high desert utility and maintenance costs may further erode margins
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-29Listed for sale$450,000$251
2026-01-01Listing removed$479,000$267
2025-12-05Price change$479,000$267
2025-09-01Price change$489,000$273
2025-08-02Listed for sale$500,000$279
2003-07-24Sold$180,000$100

Tax History

YearProperty TaxTax Assessment
2025$4,643.34$255,898
2024$4,422.73$250,882
2023$4,330.16$245,963
2022$4,119.88$241,141
2021$3,719.03$236,414
2020$3,676.52$233,991
2019$3,676.52$229,404
2018$3,547.6$224,907
2017$3,547.6$190,800
2016$3,150.02$170,000
2015$2,814.72$170,000
2014$2,834.27$170,000
2012$0$119,000
2011$0$119,000
2010$0$119,000
2009$0$138,000
2008$0$194,835
2007$0$191,015
2006$0$187,271
2005$0$187,271
2004$0$180,000
2003$0$139,800
2002$0$114,700
2000$0$108,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,793
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $450,000Rent Basis: Observed Comp Model ($2,873/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $225/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.87%

NOI: $21,927/yr

Cash-on-Cash Yield
-5.9%

On $103,500 invested

DSCR Ratio
0.78x

Negative debt coverage

5-Yr Leveraged ROI
+64.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$160/mo
Homeowner / Hazard Insurance-$225/mo
Vacancy Reserve (5% of rent)-$144/mo
Repairs & Maintenance (10% of rent)-$287/mo
Property Management (8% of rent)-$230/mo
Total Pure Operating Expenses-$1,046/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,873/mo
Less: Operating Expenses-$1,046/mo
Net Operating Income (NOI)+$1,827/mo
Less: Debt Service (30yr @ 6.75%)-$2,335/mo
Net Cash Flow
$-508/mo
$-6,092/year
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