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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hanover at 20 & 20-1/2 Monroe St, Hanover, PA, 17331 uses $49,725 cash to close to unlock $6,627/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $1,535/mo, and a $734/mo payment keeps the spread at $552/mo. Purchase price stands at $150,000, and rental yield measures 12.28% with $1,535/mo rent. Return on cash invested shows 33.24% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 174.85% and total cumulative return in cash records $86,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,535/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
3,690 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,335 (100%) |
| Owner Occupied HU | 16,778 (68.9%) |
| Renter Occupied HU | 6,231 (25.6%) |
| Vacant Housing Units | 1,326 ( 5.4%) |
| Median Home Value | $271,664 |
| Average Home Value | $303,759 |
Residential
23,654
Single Family
23,023
Multi-Family
631
Businesses
1,587
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ethan Mills • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PAYK2092252
