3240 Joyce StLebanonPA17046
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
Rental property for sale in Lebanon at 3240 Joyce St, Lebanon, PA, 17046 offers $1,677/mo rent that, after a $1,150/mo payment, leaves $137/mo cash flow. Total monthly income is $1,677/mo, and annual cash flow is $1,647/yr on $77,903 cash. Return on cash invested measures 22.02% in year one, and rental yield stands at 8.56% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 114.69% and total cumulative return in cash reaches $89,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,677/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17046, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,628 (100%) |
| Owner Occupied HU | 7,867 (57.7%) |
| Renter Occupied HU | 4,997 (36.7%) |
| Vacant Housing Units | 764 ( 5.6%) |
| Median Home Value | $217,012 |
| Average Home Value | $252,662 |
Housing Distribution
Address Breakdown
Residential
12,649
Single Family
11,682
Multi-Family
967
Businesses
476
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Listed by: Yvonne Kuhn • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2024258