Lozano Subdivision Neighborhood Overview
Lozano Subdivision is a neighborhood in Yuma, Arizona, primarily within the 85364 ZIP code. It presents a balanced housing market, characterized by a homeownership rate of 58.2% and a renter-occupied rate of 41.8%. The median home value is $180,400, with homes averaging around 1,200 square feet, indicating a market of modestly sized, affordable properties. The median gross rent is $907 per month, offering a relatively low-cost rental alternative in the area.
The local mortgage market is active, with 1,009 total loan originations recorded. Conventional loans dominate, making up 600 of these originations, while government-backed programs also play a significant role with 274 FHA loans and 133 VA loans. This lending activity, categorized in the Main market tier, reflects a stable and accessible financial environment for buyers. The neighborhood's median household income is $53,877, which aligns with the affordability of the local housing stock.
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