1036-1040 E King StLancasterPA17602
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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
Investment property for sale in Lancaster at 1036-1040 E King St, Lancaster, PA, 17602 listed at $335,000 pairs $1,932/mo rent with a $1,640/mo payment. Total monthly income runs $1,932/mo. Return on cash invested measures 17.06% in year one, and rental yield registers 6.92% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 88.07% and total cumulative return in cash totals $97,808. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,932/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1891
0.70 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
17,487
Multi-Family
2,268
Businesses
1,375
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Listed by: Nick Beisker • Infinity Real Estate
Mls Name: Bright MLS
Mls ID: #PALA2079014