2602 E King StLebanonPA17042
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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
Investment property for sale in Lebanon at 2602 E King St, Lebanon, PA, 17042 uses $87,848 cash to close to unlock $5,154/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,166/mo, and a $1,297/mo payment keeps the spread at $430/mo. Purchase price stands at $265,000, and rental yield measures 9.81% with $2,166/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 134.8% and total cumulative return in cash records $118,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,166/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
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Listed by: Jessica Bell • Howard Hanna Krall Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2023662