205 Spring Meadows RdManchesterPA17345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Manchester at 205 Spring Meadows Rd, Manchester, PA, 17345 offers $2,078/mo rent that, after a $1,443/mo payment, leaves $146/mo cash flow. Total monthly income is $2,078/mo, and annual cash flow is $1,751/yr on $97,759 cash. Return on cash invested measures 21.7% in year one, and rental yield stands at 8.46% at a $294,900 entry. Equity gained on principal adds $1,903/yr while 5% annual appreciation compounds into $81,475 by year five. Five-year ROI records 112.92% and total cumulative return in cash reaches $110,395. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,078/mo property income versus a $1,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17345, Manchester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,575 (74.2%) |
| Renter Occupied HU | 727 (21.0%) |
| Vacant Housing Units | 168 ( 4.8%) |
| Median Home Value | $240,082 |
| Average Home Value | $296,255 |
Housing Distribution
Address Breakdown
Residential
3,324
Single Family
3,177
Multi-Family
147
Businesses
191
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Listed by: Kraig Hursh • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PAYK2084662