0 Welch LnHickoryPA15340
Nearby investment properties with comparable rents
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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 Hickory at 0 Welch Ln, Hickory, PA, 15340 priced at $580,000 converts $1,061/mo rent into after a $2,839/mo obligation. Total monthly income equals $1,061/mo. Return on cash invested prints 2.83% in year one, and rental yield reads 2.2% against a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation compiles into $160,243 by year five. Five-year ROI reaches 11.73% and total cumulative return in cash sums $22,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,061/mo property income covering a $2,839/mo payment, not borrower’s personal income.
Single Family
Built in N/A
58.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15340, Hickory, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 593 (100%) |
| Owner Occupied HU | 494 (83.3%) |
| Renter Occupied HU | 64 (10.8%) |
| Vacant Housing Units | 35 ( 5.9%) |
| Median Home Value | $372,388 |
| Average Home Value | $428,684 |
Housing Distribution
Address Breakdown
Residential
535
Single Family
535
Multi-Family
0
Businesses
67
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Nearby investment properties with comparable prices
Listed by: Elaine Shetler-Libent • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1638056
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.