125 Charles Ave, Hanover, PA, 17331 | $183/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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125 Charles Ave, Hanover, PA, 17331 | $183/mo Cash Flow | Ziffy

For Sale

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 Hanover at 125 Charles Ave, Hanover, PA, 17331 listed at $285,000 pairs $2,051/mo rent with a $1,395/mo payment to leave $183/mo cash flow. Total monthly income runs $2,051/mo, and annual cash flow reaches $2,200/yr on $94,478 cash to close. Return on cash invested measures 22.24% in year one, and rental yield registers 8.64% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 115.84% and total cumulative return in cash totals $109,446. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,051/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1964

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

4 bedroom Cape Cod with 2 full baths in Southwestern Schools with great outdoor living space. This well maintained home sits on almost half an acre of land. Fenced in back yard features huge open area for games and relaxing, built in brick BBQ and fire pit, large deck, and bonus building. Bonus building is split into 3 sections, all on concrete with block walls. One area works perfectly as a shed for outdoor equipment, another as a utility or storage room, the third and largest area is currently used as a 2 room workshop but could easily be converted into a he/she-shed, a favorite place for the kids to hang out, etc. The first floor has 2 bedrooms, 1 full bath, eat in kitchen and living room. Upstairs are 2 more bedrooms with built in cabinets and extra storage and 1 more full bath. The basement has a carpeted den, a separate room with wet bar, and a large utilities room with storage and a second access door with walk up stairs to the garage. Expected availabilty for showings starting Saturday August 23rd in the late morning/early afternoon.

Neighborhood Data

Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,335 (100%)
Owner Occupied HU	16,778 (68.9%)
Renter Occupied HU	6,231 (25.6%)
Vacant Housing Units	1,326 ( 5.4%)
Median Home Value	$271,664
Average Home Value	$303,759