354 N Queen StLancasterPA17603
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play354 N Queen St, Lancaster, PA, 17603 in Lancaster is priced for appreciation, not yield. Rental yield 3.6%. At $549,900 with a 3.6% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $151,927 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.67) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $83,637.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 6.5% |
| Monthly Cash Flow | $(1,955) | $450 |
City averages based on Lancaster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,649 |
| Total Monthly Debt Service | $3,385 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
871 sqft lot
$N/A/sqft
No HOA
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
Townhouse
Built in 1900
871 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Griffin • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALA2074192