1037 Lancaster AveYorkPA17403
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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 York at 1037 Lancaster Ave, York, PA, 17403 generates $1,558/mo in rent and, after a $978/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,558/mo, and annual cash flow is $2,982/yr on $66,267 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 9.35% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 127.49% and total cumulative return in cash sums $84,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
3,851 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17403, York, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,727 (100%) |
| Owner Occupied HU | 9,572 (57.2%) |
| Renter Occupied HU | 5,953 (35.6%) |
| Vacant Housing Units | 1,202 ( 7.2%) |
| Median Home Value | $273,146 |
| Average Home Value | $309,034 |
Housing Distribution
Address Breakdown
Residential
15,882
Single Family
14,550
Multi-Family
1,332
Businesses
1,069
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Listed by: Candy Nelson • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PAYK2089700