128 E James StLancasterPA17602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lancaster at 128 E James St, Lancaster, PA, 17602 offers $1,688/mo rent that, after a $1,737/mo payment. Total monthly income is $1,688/mo. Return on cash invested measures 13.41% in year one, and rental yield stands at 5.71% at a $354,900 entry. Equity gained on principal adds $2,290/yr while 5% annual appreciation compounds into $98,052 by year five. Five-year ROI records 68.46% and total cumulative return in cash reaches $80,548. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,688/mo property income versus a $1,737/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1882
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17602, Lancaster, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,730 (100%) |
| Owner Occupied HU | 10,881 (50.1%) |
| Renter Occupied HU | 9,451 (43.5%) |
| Vacant Housing Units | 1,398 ( 6.4%) |
| Median Home Value | $317,822 |
| Average Home Value | $353,635 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
17,487
Multi-Family
2,268
Businesses
1,375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PREM BARAL • Iron Valley Real Estate of Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2079824