1006 Country Place DrLancasterPA17601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1006 Country Place Dr, Lancaster, PA, 17601 generates $2,609/mo in rent and, after a $1,346/mo payment, leaves $807/mo in cash flow. Total monthly income is $2,609/mo, and annual cash flow is $9,684/yr on $91,163 invested. Return on cash invested sits at 30.53% in year one, and rental yield is 11.38% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 160.28% and total cumulative return in cash sums $146,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,609/mo property income rather than buyer’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17601, Lancaster, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,517 (100%) |
| Owner Occupied HU | 15,713 (66.8%) |
| Renter Occupied HU | 6,758 (28.7%) |
| Vacant Housing Units | 1,046 ( 4.4%) |
| Median Home Value | $378,118 |
| Average Home Value | $429,004 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
21,128
Multi-Family
874
Businesses
2,148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Barton • RE/MAX SmartHub Realty
Mls Name: Bright MLS
Mls ID: #PALA2081948