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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Manheim at 35 Ridgewood Mnr, Manheim, PA, 17545 priced at $120,000 pairs $955/mo rent with $169/mo cash flow after a $587/mo payment. Total monthly income equals $955/mo, and annual cash flow comes to $2,028/yr on $39,780 invested. Return on cash invested is 25.01% in year one, and rental yield stands at 9.55% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 130.64% and total cumulative return in cash reaches $51,967. For financing, Ziffy Mortgage’s DSCR program evaluates $955/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17545, Manheim, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,299 (100%) |
| Owner Occupied HU | 6,710 (72.2%) |
| Renter Occupied HU | 1,983 (21.3%) |
| Vacant Housing Units | 606 ( 6.5%) |
| Median Home Value | $354,392 |
| Average Home Value | $387,975 |
Residential
8,661
Single Family
8,561
Multi-Family
100
Businesses
646
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Serena Riedel • Howard Hanna Real Estate Services - Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2079370
