348 S Queen StLancasterPA17603








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 Lancaster at 348 S Queen St, Lancaster, PA, 17603 offers $2,866/mo rent that, after a $1,223/mo payment, leaves $1,229/mo cash flow. Total monthly income is $2,866/mo, and annual cash flow is $14,743/yr on $82,842 cash. Return on cash invested measures 37.71% in year one, and rental yield stands at 13.76% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 198.77% and total cumulative return in cash reaches $164,666. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,866/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
1,742 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Kerry Martin • Iron Valley Real Estate of Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2082662








