229 Cocoa AveHersheyPA17033
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 Hershey at 229 Cocoa Ave, Hershey, PA, 17033 priced at $425,000 converts $3,439/mo rent into $654/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,439/mo, and annual cash flow totals $7,851/yr on $140,888 invested. Return on cash invested prints 25.48% in year one, and rental yield reads 9.71% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 133.22% and total cumulative return in cash sums $187,685. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,439/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1900
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17033, Hershey, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,195 (100%) |
| Owner Occupied HU | 3,764 (52.3%) |
| Renter Occupied HU | 2,906 (40.4%) |
| Vacant Housing Units | 525 ( 7.3%) |
| Median Home Value | $402,857 |
| Average Home Value | $456,595 |
Housing Distribution
Address Breakdown
Residential
7,172
Single Family
5,939
Multi-Family
1,233
Businesses
786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KELLY SMITH • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PADA2049806