1109 Mifflin StLebanonPA17046
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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 Lebanon at 1109 Mifflin St, Lebanon, PA, 17046 generates $1,495/mo in rent and, after a $1,101/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,495/mo, and annual cash flow is $250/yr on $74,588 invested. Return on cash invested sits at 20.24% in year one, and rental yield is 7.97% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 105.12% and total cumulative return in cash sums $78,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,495/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17046, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,628 (100%) |
| Owner Occupied HU | 7,867 (57.7%) |
| Renter Occupied HU | 4,997 (36.7%) |
| Vacant Housing Units | 764 ( 5.6%) |
| Median Home Value | $217,012 |
| Average Home Value | $252,662 |
Housing Distribution
Address Breakdown
Residential
12,649
Single Family
11,682
Multi-Family
967
Businesses
476
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Listed by: Noah Starry • RE/MAX Cornerstone
Mls Name: Bright MLS
Mls ID: #PALN2024198