1501 3rd AveYorkPA17403
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 1501 3rd Ave, York, PA, 17403 generates $1,707/mo in rent and, after a $1,077/mo payment, leaves $265/mo in cash flow. Total monthly income is $1,707/mo, and annual cash flow is $3,182/yr on $72,930 invested. Return on cash invested sits at 24.27% in year one, and rental yield is 9.31% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash sums $92,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,707/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
2,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17403, York, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,727 (100%) |
| Owner Occupied HU | 9,572 (57.2%) |
| Renter Occupied HU | 5,953 (35.6%) |
| Vacant Housing Units | 1,202 ( 7.2%) |
| Median Home Value | $273,146 |
| Average Home Value | $309,034 |
Housing Distribution
Address Breakdown
Residential
15,882
Single Family
14,550
Multi-Family
1,332
Businesses
1,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Philip Accardo • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PAYK2094596