208 Columbia AveMount GretnaPA17064
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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
Investment property for sale in Mount Gretna at 208 Columbia Ave, Mount Gretna, PA, 17064 offers a 6.65% rental yield on a $359,900 purchase with $1,993/mo rent. 23% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 83.62% and total cumulative return in cash at $99,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,993/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1899
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17064, Mount Gretna, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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Listed by: Yvonne Kuhn • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2021334