226 E Poplar 2261/2 St, Hanover, PA, 17331 | $444/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

226 E Poplar 2261/2 St, Hanover, PA, 17331 | $444/mo Cash Flow | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2211 sft

43 Eagle Ln #2, Hanover, PA, 17331

4 Bed
3 Bath
2401 sft

54 Red Stone LOT 44, Hanover, PA, 17331

4 Bed
3 Bath
2320 sft

53 Bright Ln #14, Hanover, PA, 17331

4 Bed
2 Bath
2348 sft

25 Buckskin Dr LOT 73, Hanover, PA, 17331

Nearby investment properties with comparable prices

3 Bed
3 Bath
1786 sft

1188 Jo Apter Pl, New Windsor, MD, 21776

4 Bed
3 Bath
1648 sft

286 Montpelier Ct, Westminster, MD, 21157

4 Bed
3 Bath
2059 sft

3195 Atlee Ridge Rd, New Windsor, MD, 21776

3 Bed
3 Bath
2357 sft

296 Lambert Ave, New Windsor, MD, 21776

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Hanover at 226 E Poplar 2261/2 St, Hanover, PA, 17331 uses $147,518 cash to close to unlock $5,328/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,178/mo payment keeps the spread at $444/mo. Purchase price stands at $445,000, and rental yield measures 9.06% with $3,360/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 122.72% and total cumulative return in cash records $181,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,178/mo payment rather than investor’s personal income.

Multi Family

Built in 1920

5,027 sqft lot

$N/A/sqft

No HOA

More details about the property

4-Unit Investment Property Prime Location Near Downtown Hanover, PA Discover an exceptional investment opportunity just steps from vibrant downtown Hanover! This well-maintained 4-unit multifamily property features four spacious 2-bedroom apartments, each offering comfortable living with central heating and coolinga strong draw for quality long-term tenants. Situated on a generous lot, the property includes 8 dedicated parking spaces, providing convenience rarely found this close to town. Residents will appreciate the easy walking-distance access to downtown Hanover, including shops, restaurants, parks, and local amenities. Whether youre expanding your portfolio or seeking a stable, income-producing asset, this property offers the perfect blend of location, functionality, and long-term rental appeal. Dont miss this chance to acquire a turnkey investment in one of Hanovers most desirable areas!

Neighborhood Data

Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,335 (100%)
Owner Occupied HU	16,778 (68.9%)
Renter Occupied HU	6,231 (25.6%)
Vacant Housing Units	1,326 ( 5.4%)
Median Home Value	$271,664
Average Home Value	$303,759