310 Cedar AveHersheyPA17033
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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 Hershey at 310 Cedar Ave, Hershey, PA, 17033 priced at $925,000 converts $4,415/mo rent into after a $4,527/mo obligation. Total monthly income equals $4,415/mo. Return on cash invested prints 13.57% in year one, and rental yield reads 5.73% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 69.31% and total cumulative return in cash sums $210,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,415/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17033, Hershey, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,195 (100%) |
| Owner Occupied HU | 3,764 (52.3%) |
| Renter Occupied HU | 2,906 (40.4%) |
| Vacant Housing Units | 525 ( 7.3%) |
| Median Home Value | $402,857 |
| Average Home Value | $456,595 |
Housing Distribution
Address Breakdown
Residential
7,172
Single Family
5,939
Multi-Family
1,233
Businesses
786
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Listed by: David Drobnock • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2048982