288 Homestead DrHanoverPA17331
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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 Hanover at 288 Homestead Dr, Hanover, PA, 17331 earns $208/mo cash flow from $2,195/mo rent with a $1,402/mo payment. Total monthly income totals $2,195/mo, and annual cash flow totals $2,496/yr on $94,942 capital. ROI tracks 22.54% on current figures, and rental yield reads 9.2% at a $286,400 purchase. Equity gained on principal adds $1,848/yr, and 5% annual appreciation supports $79,127 over five years. Five-year ROI reaches 117.98% and total cumulative return in cash sums $112,010. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,195/mo property income instead of your personal income.
Townhouse
Built in 2020
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,335 (100%) |
| Owner Occupied HU | 16,778 (68.9%) |
| Renter Occupied HU | 6,231 (25.6%) |
| Vacant Housing Units | 1,326 ( 5.4%) |
| Median Home Value | $271,664 |
| Average Home Value | $303,759 |
Housing Distribution
Address Breakdown
Residential
23,654
Single Family
23,023
Multi-Family
631
Businesses
1,587
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