188 Lengle Rd, Myerstown, PA, 17067 | 7.18% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

188 Lengle Rd, Myerstown, PA, 17067 | 7.18% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1889 sft

1006 Daffodil Dr, Lebanon, PA, 17042

3 Bed
2 Bath
1699 sft

204 Waterford Way, Lebanon, PA, 17042

3 Bed
2 Bath
2205 sft

70 Fairfax Ln, Annville, PA, 17003

2 Bed
2 Bath
1744 sft

32 Cambridge Dr, Hershey, PA, 17033

Nearby investment properties with comparable prices

3 Bed
3 Bath
1832 sft

366 S Center Ave, Palmyra, PA, 17078

3 Bed
2 Bath
1575 sft

90 Overlook Ave, Lancaster, PA, 17601

2 Bed
2 Bath
2298 sft

21 Blossom Hill Dr, Lancaster, PA, 17601

3 Bed
2 Bath
1679 sft

125 Corry Ave, Lancaster, PA, 17601

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,392/mo, and a $1,958/mo payment. Purchase price stands at $400,000, and rental yield measures 7.18% with $2,392/mo rent. Return on cash invested shows 17.83% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 92.19% and total cumulative return in cash records $122,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,958/mo payment rather than investor’s personal income.

Single Family

Built in 1993

3.96 Acres lot

$N/A/sqft

No HOA

More details about the property

Public Auction Saturday, December 6, 2025 @ 11 AM. Open House Saturday, Nov. 15 & 22 from 1-3 PM. Buyer required a 10% non-refundable deposit. Settlement within 45 days. Buyer pays the 2% Real Estate Transfer Tax. List price does not reflect the final sales price. **Myerstown Area "1 Owner" Custom Rancher on 3.96 Acres. Main level is 1922 SF with 1085 SF that is finished. Kitchen and Living Room are unfinished. The finished area consists of 3 Bedrooms and 2 Full Baths. Lower Level is a walkout finished 1876 SF of Living Area, featuring a Kitchen/LR Combo w/Woodstove, 2 Bedrooms. Office, Full Bath, & Laundry Room, Propane forced heat, Lg Cold Cellar, Utility Shed, Run-In Shed. Approx. 2.5 Aces of Hi-Tensile fenced-in pasture. A very desirable country setting with a level to gentle sloped almost 4 acres suitable for animals. Finish the Kitchen and LR to your taste with the electric and plumbing already roughed in. Myerstown/Richland Area.