15 N Cherry Ln FLOOR 3YorkPA17401
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 York at 15 N Cherry Ln FLOOR 3, York, PA, 17401 offers $1,620/mo rent that, after a $1,713/mo payment. Total monthly income is $1,620/mo. Return on cash invested measures 12.94% in year one, and rental yield stands at 5.56% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 65.97% and total cumulative return in cash reaches $76,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,620/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17401, York, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,510 (100%) |
| Owner Occupied HU | 1,858 (21.8%) |
| Renter Occupied HU | 5,457 (64.1%) |
| Vacant Housing Units | 1,195 (14.0%) |
| Median Home Value | $84,129 |
| Average Home Value | $178,841 |
Housing Distribution
Address Breakdown
Residential
6,899
Single Family
5,815
Multi-Family
1,084
Businesses
687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vineeta Kushla • Yorktowne Property Shoppe, LLC
Mls Name: Bright MLS
Mls ID: #PAYK2095382