345 Florin AveMount JoyPA17552
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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 Mount Joy at 345 Florin Ave, Mount Joy, PA, 17552 with 5% annual appreciation on a $324,900 basis while $2,466/mo rent supports operations. Total monthly income totals $2,466/mo and a $1,590/mo payment preserves $337/mo for cash returns. Annual cash flow comes to $4,046/yr on $107,704 deployed, and return on cash invested reaches 23.67% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 9.11%. Five-year ROI measures 123.5% and total cumulative return in cash totals $133,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,466/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
9,583 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: Kathy Morgan • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PALA2072586