2257 S Forge RdPalmyraPA17078
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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 Palmyra at 2257 S Forge Rd, Palmyra, PA, 17078 uses $56,322 cash to close to unlock $2,283/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,304/mo, and a $832/mo payment keeps the spread at $190/mo. Purchase price stands at $169,900, and rental yield measures 9.21% with $1,304/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 125.13% and total cumulative return in cash records $70,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,304/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17078, Palmyra, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,220 (100%) |
| Owner Occupied HU | 7,158 (70.0%) |
| Renter Occupied HU | 2,688 (26.3%) |
| Vacant Housing Units | 374 ( 3.7%) |
| Median Home Value | $336,535 |
| Average Home Value | $356,398 |
Housing Distribution
Address Breakdown
Residential
9,775
Single Family
9,149
Multi-Family
626
Businesses
433
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Listed by: Paul Snyder • Highland Realty Group LLC
Mls Name: Bright MLS
Mls ID: #PALN2023708