338 Norway StYorkPA17403
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 York at 338 Norway St, York, PA, 17403 priced at $149,900 converts $1,152/mo rent into $169/mo cash flow after a $734/mo obligation. Total monthly income equals $1,152/mo, and annual cash flow totals $2,033/yr on $49,692 invested. Return on cash invested prints 24% in year one, and rental yield reads 9.22% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 125.31% and total cumulative return in cash sums $62,267. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,152/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1920
1,337 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
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Listed by: Nicole Scarborough • Inch & Co. Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PAYK2092178