1524 Newport RdManheimPA17545
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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
Investment Highlights
Rental property for sale in Manheim at 1524 Newport Rd, Manheim, PA, 17545 generates $2,982/mo in rent, after a $2,570/mo payment. Total monthly income is $2,982/mo. Return on cash invested sits at 16.87% in year one, and rental yield is 6.82% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 87.02% and total cumulative return in cash sums $150,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,982/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17545, Manheim, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,299 (100%) |
| Owner Occupied HU | 6,710 (72.2%) |
| Renter Occupied HU | 1,983 (21.3%) |
| Vacant Housing Units | 606 ( 6.5%) |
| Median Home Value | $354,392 |
| Average Home Value | $387,975 |
Housing Distribution
Address Breakdown
Residential
8,661
Single Family
8,561
Multi-Family
100
Businesses
646
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Listed by: Stephanie Torres • Contigo Real Estate
Mls Name: Bright MLS
Mls ID: #PALA2078390