237 Cloverlane DrManchesterPA17345
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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
Investment property for sale in Manchester at 237 Cloverlane Dr, Manchester, PA, 17345 at $255,000 posts ROI 23.54% with $256/mo cash flow from $1,927/mo rent. Total monthly income equals $1,927/mo, and annual cash flow records $3,073/yr on $84,533 to close. Return on cash invested measures 23.54% and rental yield reads 9.07% at the current $255,000. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 by year five. Five-year ROI prints 122.84% and total cumulative return in cash totals $103,844.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,927/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17345, Manchester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,575 (74.2%) |
| Renter Occupied HU | 727 (21.0%) |
| Vacant Housing Units | 168 ( 4.8%) |
| Median Home Value | $240,082 |
| Average Home Value | $296,255 |
Housing Distribution
Address Breakdown
Residential
3,324
Single Family
3,177
Multi-Family
147
Businesses
191
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Listed by: Mark Hendrickson • Howard Hanna Real Estate Services-York
Mls Name: Bright MLS
Mls ID: #PAYK2095952