160 Riders WayLebanonPA17042
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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 Lebanon at 160 Riders Way, Lebanon, PA, 17042 uses $79,527 cash to close to unlock $5,570/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $2,036/mo, and a $1,174/mo payment keeps the spread at $464/mo. Purchase price stands at $239,900, and rental yield measures 10.18% with $2,036/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 140.91% and total cumulative return in cash records $112,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,036/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
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Listed by: Corey Flowers • Penn Realty, LTD
Mls Name: Bright MLS
Mls ID: #PALN2024298