202 N Grant StManheimPA17545
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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 Manheim at 202 N Grant St, Manheim, PA, 17545 offers $2,197/mo rent that, after a $1,297/mo payment, leaves $461/mo cash flow. Total monthly income is $2,197/mo, and annual cash flow is $5,526/yr on $87,848 cash. Return on cash invested measures 26.2% in year one, and rental yield stands at 9.95% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 137.07% and total cumulative return in cash reaches $120,411. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,197/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17545, Manheim, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,299 (100%) |
| Owner Occupied HU | 6,710 (72.2%) |
| Renter Occupied HU | 1,983 (21.3%) |
| Vacant Housing Units | 606 ( 6.5%) |
| Median Home Value | $354,392 |
| Average Home Value | $387,975 |
Housing Distribution
Address Breakdown
Residential
8,661
Single Family
8,561
Multi-Family
100
Businesses
646
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Listed by: Donna Shaw • RE/MAX SmartHub Realty
Mls Name: Bright MLS
Mls ID: #PALA2072938