324 Wallace StYorkPA17403
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 324 Wallace St, York, PA, 17403 in York. Priced at $104,900, it generates $1,248/mo in gross rent and $561/mo in net monthly cash flow, a 14.28% yield that comfortably supports the 2.64 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,727. Five-year appreciation: $28,982. Equity from principal paydown: $966/yr. Total projected cumulative return: $76,062.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.8% |
| Monthly Cash Flow | $561 | $850 |
City averages based on York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,248 |
| Total Monthly Debt Service | $646 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
958 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17403, York, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,727 (100%) |
| Owner Occupied HU | 9,572 (57.2%) |
| Renter Occupied HU | 5,953 (35.6%) |
| Vacant Housing Units | 1,202 ( 7.2%) |
| Median Home Value | $273,146 |
| Average Home Value | $309,034 |
Housing Distribution
Address Breakdown
Residential
15,882
Single Family
14,550
Multi-Family
1,332
Businesses
1,069
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
Townhouse
Built in 1900
958 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17403, York, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,727 (100%) |
| Owner Occupied HU | 9,572 (57.2%) |
| Renter Occupied HU | 5,953 (35.6%) |
| Vacant Housing Units | 1,202 ( 7.2%) |
| Median Home Value | $273,146 |
| Average Home Value | $309,034 |
Housing Distribution
Address Breakdown
Residential
15,882
Single Family
14,550
Multi-Family
1,332
Businesses
1,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Drew Smith • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PAYK2087078