117 OTB Units 103, 203, 303 Plan, 117 on The BoulevardLebanonPA17042
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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 Lebanon at 117 OTB Units 103, 203, 303 Plan, 117 on The Boulevard, Lebanon, PA, 17042 offers a 3.28% rental yield on a $531,000 purchase with $1,453/mo rent. 14% in year one. Equity gained on principal adds $3,426/yr while 5% annual appreciation supports $146,706 over five years. Portfolio math shows five-year ROI at 29.46% and total cumulative return in cash at $51,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,453/mo property income against a $2,599/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
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Listed by: N/A • Garman Builders
Mls Name: Garman Builders
Mls Provider:
Mls ID: #N/A