242 N 2nd St APT G, New Freedom, PA, 17349 | $808/mo Cash Flow

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242 N 2nd St APT G, New Freedom, PA, 17349 | $808/mo Cash Flow | Ziffy

Off market

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 N 2nd St APT G, New Freedom, PA, 17349 with 5% annual appreciation on a $171,200 basis while $1,930/mo rent supports operations. Total monthly income totals $1,930/mo and a $838/mo payment preserves $808/mo for cash returns. Annual cash flow comes to $9,697/yr on $56,753 deployed, and return on cash invested reaches 37% in year one. Equity gained on principal adds $1,105/yr, and five-year appreciation sums $47,299 alongside rental yield of 13.53%. Five-year ROI measures 195.04% and total cumulative return in cash totals $110,690.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,930/mo property income versus a $838/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 242 N 2nd St, Unit G, New Freedom, PA #x2013; Rare, No-Step, Garden-Facing 2-Bedroom and 2 Full Bathroom Condo! This beautifully maintained condo offers a rare combination of comfort, accessibility, and peaceful views#x2014;one of only six units in the community with true no-step access from the parking area directly into the home, plus tranquil garden views. Inside, you'll find a bright and airy open-concept layout that seamlessly connects the kitchen, dining, and living areas#x2014;ideal for everyday living and entertaining. The spacious primary suite features a large walk-in closet, generous natural light, and a private full bath. A second bedroom and full hallway bath provide flexibility for guests, work-from-home needs, or hobbies. The walk-in laundry area offers full-size washer and dryer plus extra storage, adding practicality to your day-to-day living. Enjoy the outdoors from your covered private balcony, perfect for morning coffee or relaxing evenings overlooking beautifully maintained gardens#x2014;rain or shine. Situated in the heart of New Freedom, you#x2019;re just a short walk from coffee shops, restaurants, breweries, parks, and the scenic NCR bike and walking trail. Despite its peaceful, tucked-away setting, the condo offers quick access to I-83#x2014;close enough for easy commuting, yet far enough to avoid the hustle and bustle. Hunt Valley, MD and York, PA are just 25 minutes away. Don#x2019;t miss this rare opportunity to own one of the most desirable units in Southern York County! Call for more information.