340 Florin AveMount JoyPA17552
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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 Mount Joy at 340 Florin Ave, Mount Joy, PA, 17552 offers $1,798/mo rent that, after a $1,224/mo payment, leaves $159/mo cash flow. Total monthly income is $1,798/mo, and annual cash flow is $1,913/yr on $82,875 cash. Return on cash invested measures 22.22% in year one, and rental yield stands at 8.63% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 115.72% and total cumulative return in cash reaches $95,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,798/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17552, Mount Joy, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,041 (100%) |
| Owner Occupied HU | 6,268 (69.3%) |
| Renter Occupied HU | 2,515 (27.8%) |
| Vacant Housing Units | 258 ( 2.9%) |
| Median Home Value | $339,472 |
| Average Home Value | $387,788 |
Housing Distribution
Address Breakdown
Residential
8,791
Single Family
8,711
Multi-Family
80
Businesses
473
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Listed by: Larry Hess • RE/MAX SmartHub Realty
Mls Name: Bright MLS
Mls ID: #PALA2080246