216 Irene AveEphrataPA17522
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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 Ephrata at 216 Irene Ave, Ephrata, PA, 17522 at $365,000 posts ROI 20.93% with $103/mo cash flow from $2,494/mo rent. Total monthly income equals $2,494/mo, and annual cash flow records $1,233/yr on $120,998 to close. Return on cash invested measures 20.93% and rental yield reads 8.2% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 108.78% and total cumulative return in cash totals $131,623.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,494/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17522, Ephrata, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,539 (100%) |
| Owner Occupied HU | 9,086 (67.1%) |
| Renter Occupied HU | 4,032 (29.8%) |
| Vacant Housing Units | 421 ( 3.1%) |
| Median Home Value | $324,829 |
| Average Home Value | $393,887 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,978
Multi-Family
315
Businesses
1,014
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Listed by: Lynn Zimmerman • Kingsway Realty - Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2081844