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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% |
Rental property for sale in Mount Gretna at 204 Weaver Ave #L-0006, Mount Gretna, PA, 17064 generates $3,000/mo in rent and, after a $979/mo payment, leaves $1,689/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $20,272/yr on $66,300 invested. Return on cash invested sits at 50.49% in year one, and rental yield is 18% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 267.34% and total cumulative return in cash sums $177,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
436 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17064, Mount Gretna, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 333 (58.2%) |
| Renter Occupied HU | 33 ( 5.8%) |
| Vacant Housing Units | 206 (36.0%) |
| Median Home Value | $323,913 |
| Average Home Value | $331,141 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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: Michelle Shay • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2022492
