1103 Frances AveLancasterPA17601
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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 1103 Frances Ave, Lancaster, PA, 17601 listed at $295,000 pairs $2,681/mo rent with a $1,444/mo payment to leave $748/mo cash flow. Total monthly income runs $2,681/mo, and annual cash flow reaches $8,973/yr on $97,793 cash to close. Return on cash invested measures 29.09% in year one, and rental yield registers 10.91% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 152.53% and total cumulative return in cash totals $149,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,681/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
1,742 sqft 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
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Listed by: Gennaro DiSomma • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALA2078890