216 Hanover StGlen RockPA17327
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 Glen Rock at 216 Hanover St, Glen Rock, PA, 17327 offers $1,722/mo rent that, after a $1,003/mo payment, leaves $379/mo cash flow. Total monthly income is $1,722/mo, and annual cash flow is $4,550/yr on $67,924 cash. Return on cash invested measures 26.61% in year one, and rental yield stands at 10.08% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 139.3% and total cumulative return in cash reaches $94,618. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,722/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,077 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17327, Glen Rock, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,541 (77.4%) |
| Renter Occupied HU | 560 (17.1%) |
| Vacant Housing Units | 182 ( 5.5%) |
| Median Home Value | $359,388 |
| Average Home Value | $394,782 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
148
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Listed by: Iva Berkebile • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAYK2084846