206 Rex StLebanonPA17042
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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 Lebanon at 206 Rex St, Lebanon, PA, 17042 priced at $292,900 pairs $1,610/mo rent with after a $1,434/mo payment. Total monthly income equals $1,610/mo. Return on cash invested is 16.08% in year one, and rental yield stands at 6.6% on a $292,900 basis. Equity gained on principal adds $1,890/yr, and 5% annual appreciation accumulates to $80,923 by year five. Five-year ROI measures 82.83% and total cumulative return in cash reaches $80,427. For financing, Ziffy Mortgage’s DSCR program evaluates $1,610/mo property income against a $1,434/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
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Listed by: Debbie Glover • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #PALN2021718