345 Simpson StYorkPA17403
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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
Rental property for sale in York at 345 Simpson St, York, PA, 17403 offers $1,683/mo rent that, after a $1,174/mo payment, leaves $111/mo cash flow. Total monthly income is $1,683/mo, and annual cash flow is $1,334/yr on $79,527 cash. Return on cash invested measures 21.59% in year one, and rental yield stands at 8.42% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 112.36% and total cumulative return in cash reaches $89,359. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,683/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,701 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: Ben Siegrist • Kingsway Realty - Lancaster
Mls Name: Bright MLS
Mls ID: #PAYK2088028