308 Abbottstown StEast BerlinPA17316
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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 East Berlin at 308 Abbottstown St, East Berlin, PA, 17316 generates $1,722/mo in rent and, after a $1,199/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,722/mo, and annual cash flow is $1,401/yr on $81,214 invested. Return on cash invested sits at 21.63% in year one, and rental yield is 8.43% on a $244,990 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,686 over five years. Five-year ROI reaches 112.57% and total cumulative return in cash sums $91,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,722/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17316, East Berlin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,441 (100%) |
| Owner Occupied HU | 2,716 (78.9%) |
| Renter Occupied HU | 462 (13.4%) |
| Vacant Housing Units | 263 ( 7.6%) |
| Median Home Value | $346,939 |
| Average Home Value | $407,238 |
Housing Distribution
Address Breakdown
Residential
3,190
Single Family
3,190
Multi-Family
0
Businesses
154
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Listed by: Eric Myers • Iron Valley Real Estate Hanover
Mls Name: Bright MLS
Mls ID: #PAAD2021192