324 E Areba AveHersheyPA17033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hershey at 324 E Areba Ave, Hershey, PA, 17033 offers a 7.31% rental yield on a $319,900 purchase with $1,949/mo rent. 24% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 94.39% and total cumulative return in cash at $100,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,949/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
4,792 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELLEN STOVER • Protus Realty, Inc.
Mls Name: Bright MLS
Mls ID: #PADA2051998