242-A N 2nd St #242A, New Freedom, PA, 17349 | $616/mo Cash Flow

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242-A N 2nd St #242A, New Freedom, PA, 17349 | $616/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Freedom at 242-A N 2nd St #242A, New Freedom, PA, 17349 earns $616/mo cash flow from $1,920/mo rent with a $974/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $7,392/yr on $65,969 capital. ROI tracks 31.11% on current figures, and rental yield reads 11.58% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 163.4% and total cumulative return in cash sums $107,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 242A N. Second St. in New Freedom, PA! Experience the perfect blend of comfort and convenience in this beautifully maintained 2-bedroom, 2-bathroom condo offering an unbeatable value. Ideally located near the Heritage Rail Trail, youll enjoy easy access to scenic walking and biking paths, locally inspired top-rated restaurants, the YMCA for workouts or a swim, nearby shopping centers, and a peaceful park - perfect for an active and social lifestyle. Inside, youll love the open-concept layout, spacious bedrooms, and modern updates throughout including new black hardware accents in the kitchen and bathrooms, new ceiling fans, granite countertops, and a newer HVAC system installed in 2021. The building received a new roof in 2024. Relax on your private ground-level patio, a great space for morning coffee or for your dogs to enjoy some fresh air. Located just minutes from I-83, commuting to Hunt Valley, Maryland or York, Pennsylvania is a breeze with each destination only about 25 minutes away. Dont miss this rare opportunity to own one of the most desirable units in Southern York County. Schedule your showing today.