1186 Elm Ave, Lancaster, PA, 17603 | $311/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1186 Elm Ave, Lancaster, PA, 17603 | $311/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lancaster at 1186 Elm Ave, Lancaster, PA, 17603 offers a 9.72% rental yield on a $199,900 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $978/mo payment leaves $311/mo available for distribution. Annual cash flow reaches $3,726/yr on $66,267 to close, and return on cash invested stands at 25.53% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 133.5% and total cumulative return in cash at $88,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1925

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming brick home, offering 2 bedrooms and 1.5 baths in a layout that feels both cozy and easy to live in. A sweet enclosed front porch greets you at the doorperfect for morning coffee, evening unwinding, or simply watching the seasons go by. Inside, youll find a bright interior with mostly replaced windows and a comfortable flow throughout. The walk-out basement adds extra flexibility, whether youre dreaming of storage, hobbies, or future finishing possibilities. Out back, the detached 2-car garage is a true bonusgreat for parking, weekend projects, or keeping life neatly tucked away. A lovely spot to settle into and make your own.