193 W Main StFredericksburgPA17026
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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 Fredericksburg at 193 W Main St, Fredericksburg, PA, 17026 priced at $279,900 converts $1,826/mo rent into after a $1,370/mo obligation. Total monthly income equals $1,826/mo. Return on cash invested prints 19.8% in year one, and rental yield reads 7.83% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 102.75% and total cumulative return in cash sums $95,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,826/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17026, Fredericksburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,442 (100%) |
| Owner Occupied HU | 1,148 (79.6%) |
| Renter Occupied HU | 224 (15.5%) |
| Vacant Housing Units | 70 ( 4.9%) |
| Median Home Value | $277,256 |
| Average Home Value | $297,683 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
80
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Listed by: Monica Kapp • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PALN2024150