222 Hanover LnHoustonPA15342
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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 Houston at 222 Hanover Ln, Houston, PA, 15342 priced at $317,990 converts $2,830/mo rent into $627/mo cash flow after a $1,556/mo obligation. Total monthly income equals $2,830/mo, and annual cash flow totals $7,520/yr on $105,414 invested. Return on cash invested prints 27.04% in year one, and rental yield reads 10.68% against a $317,990 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation compiles into $87,855 by year five. Five-year ROI reaches 142.08% and total cumulative return in cash sums $149,768. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,830/mo property income covering a $1,556/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
3,484 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15342, Houston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,802 (73.3%) |
| Renter Occupied HU | 481 (19.6%) |
| Vacant Housing Units | 176 ( 7.2%) |
| Median Home Value | $296,364 |
| Average Home Value | $332,478 |
Housing Distribution
Address Breakdown
Residential
2,335
Single Family
2,281
Multi-Family
54
Businesses
146
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Listed by: David Bruckner • D.R. HORTON REALTY OF PA
Mls Name: WPMLS
Mls Provider:
Mls ID: #1673582
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