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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 Palmyra at 360 W Spruce St, Palmyra, PA, 17078 priced at $129,900 converts $1,001/mo rent into $150/mo cash flow after a $636/mo obligation. Total monthly income equals $1,001/mo, and annual cash flow totals $1,795/yr on $43,062 invested. Return on cash invested prints 24.08% in year one, and rental yield reads 9.25% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 125.72% and total cumulative return in cash sums $54,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,001/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17078, Palmyra, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,220 (100%) |
| Owner Occupied HU | 7,158 (70.0%) |
| Renter Occupied HU | 2,688 (26.3%) |
| Vacant Housing Units | 374 ( 3.7%) |
| Median Home Value | $336,535 |
| Average Home Value | $356,398 |
Residential
9,775
Single Family
9,149
Multi-Family
626
Businesses
433
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: Yvonne Smith • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #PALN2023882
