243 Summerfield DrHanoverPA17350
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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
Investment Highlights
Rental property for sale in Hanover at 243 Summerfield Dr, Hanover, PA, 17350 priced at $319,840 converts $1,734/mo rent into after a $1,565/mo obligation. Total monthly income equals $1,734/mo. Return on cash invested prints 15.82% in year one, and rental yield reads 6.51% against a $319,840 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,366 by year five. Five-year ROI reaches 81.41% and total cumulative return in cash sums $86,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,734/mo property income covering a $1,565/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17350, New Oxford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,059 (70.9%) |
| Renter Occupied HU | 1,389 (24.3%) |
| Vacant Housing Units | 274 ( 4.8%) |
| Median Home Value | $309,203 |
| Average Home Value | $361,994 |
Housing Distribution
Address Breakdown
Residential
5,482
Single Family
4,993
Multi-Family
489
Businesses
278
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A