131 Timber LnHanoverPA17331
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
Investment property for sale in Hanover at 131 Timber Ln, Hanover, PA, 17331 at $289,900 posts ROI 20.69% with $62/mo cash flow from $1,962/mo rent. Total monthly income equals $1,962/mo, and annual cash flow records $747/yr on $96,102 to close. Return on cash invested measures 20.69% and rental yield reads 8.12% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 107.52% and total cumulative return in cash totals $103,329.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,962/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
8,925 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,654
Single Family
23,023
Multi-Family
631
Businesses
1,587
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Listed by: Diane Lawrence • RE/MAX Quality Service, Inc.
Mls Name: Bright MLS
Mls ID: #PAYK2096228