186 N Melhorn DrMount JoyPA17552
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 186 N Melhorn Dr, Mount Joy, PA, 17552 in Mount Joy. At $349,900 it earns $2,551/mo in rent and distributes $203/mo to the owner after the $1,573/mo payment, a consistent 8.75% yield. DSCR 1.62 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $96,671 in value; $3,223/yr in principal paydown compounds ownership stake. Total projected return: $149,866.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $203 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,551 |
| Total Monthly Debt Service | $2,154 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17552, Mount Joy, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,041 (100%) |
| Owner Occupied HU | 6,268 (69.3%) |
| Renter Occupied HU | 2,515 (27.8%) |
| Vacant Housing Units | 258 ( 2.9%) |
| Median Home Value | $339,472 |
| Average Home Value | $387,788 |
Housing Distribution
Address Breakdown
Residential
8,791
Single Family
8,711
Multi-Family
80
Businesses
473
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
Townhouse
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17552, Mount Joy, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,041 (100%) |
| Owner Occupied HU | 6,268 (69.3%) |
| Renter Occupied HU | 2,515 (27.8%) |
| Vacant Housing Units | 258 ( 2.9%) |
| Median Home Value | $339,472 |
| Average Home Value | $387,788 |
Housing Distribution
Address Breakdown
Residential
8,791
Single Family
8,711
Multi-Family
80
Businesses
473
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #PALA2086818