153 N Broad StLancasterPA17602
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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
Investment property for sale in Lancaster at 153 N Broad St, Lancaster, PA, 17602 with 5% annual appreciation on a $269,000 basis while $1,796/mo rent supports operations. Total monthly income totals $1,796/mo and a $1,317/mo payment preserves $33/mo for cash returns. Annual cash flow comes to $395/yr on $89,174 deployed, and return on cash invested reaches 20.35% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 8.01%. Five-year ROI measures 105.69% and total cumulative return in cash totals $94,247.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,796/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1940
1,306 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
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Listed by: Charles Chub Shenk • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PALA2081868