316 Mindy AveStrasburgPA17579
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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 Strasburg at 316 Mindy Ave, Strasburg, PA, 17579 priced at $399,900 converts $2,016/mo rent into after a $1,957/mo obligation. Total monthly income equals $2,016/mo. Return on cash invested prints 14.44% in year one, and rental yield reads 6.05% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 73.99% and total cumulative return in cash sums $98,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,016/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17579, Strasburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,383 (100%) |
| Owner Occupied HU | 1,800 (75.5%) |
| Renter Occupied HU | 517 (21.7%) |
| Vacant Housing Units | 66 ( 2.8%) |
| Median Home Value | $372,557 |
| Average Home Value | $398,569 |
Housing Distribution
Address Breakdown
Residential
2,377
Single Family
2,364
Multi-Family
13
Businesses
176
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Listed by: Jerry Lehman • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALA2074616