1015 E Walnut St, Lancaster, PA, 17602 | $658/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1015 E Walnut St, Lancaster, PA, 17602 | $658/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2032 sft

1398 Manor Rd, Windsor, PA, 17366

3 Bed
1 Bath
1272 sft

249 Martic Heights Dr, Holtwood, PA, 17532

3 Bed
2 Bath
1740 sft

825 Edgewood Rd, York, PA, 17402

4 Bed
2 Bath
1513 sft

843 Spruce St, Columbia, PA, 17512

Nearby investment properties with comparable prices

3 Bed
2 Bath
1312 sft

170 S 8th St, Columbia, PA, 17512

3 Bed
2 Bath
1328 sft

436 Union St, Columbia, PA, 17512

3 Bed
1 Bath
1334 sft

622 S 12th St, Columbia, PA, 17512

3 Bed
1 Bath
999 sft

418 Howard Ave, Lancaster, PA, 17602

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lancaster at 1015 E Walnut St, Lancaster, PA, 17602 offers a 11.81% rental yield on a $199,900 purchase with $1,967/mo rent. Total monthly income registers $1,967/mo, and a $978/mo payment leaves $658/mo available for distribution. Annual cash flow reaches $7,890/yr on $66,267 to close, and return on cash invested stands at 31.82% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 167.2% and total cumulative return in cash at $110,797. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,967/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1991

2,614 sqft lot

$N/A/sqft

No HOA

More details about the property

This brick semi-detached home is a rare Lancaster finda true diamond ready for someone with vision to give it that final polish. With 3 bedrooms, 1.5 baths, central air, and off-street parking (a premium this close to the city), the foundation is already solid. The home needs work, but its the kind of fixer-upper that rewards the buyer who wants to make smart improvements and build instant equity. Perfectly positioned near major highways and just minutes from all the energy, dining, and culture of Lancaster City, this property blends convenience with potential. Whether youre looking for your first home or a project that leads to long-term value, this one delivers plenty of opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 17602, Lancaster, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	10,881 (50.1%)
Renter Occupied HU	9,451 (43.5%)
Vacant Housing Units	1,398 ( 6.4%)
Median Home Value	$317,822
Average Home Value	$353,635