40 S Main St, York New Salem, PA, 17371 | $416/mo Cash Flow

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40 S Main St, York New Salem, PA, 17371 | $416/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in York New Salem at 40 S Main St, York New Salem, PA, 17371 listed at $174,900 pairs $1,562/mo rent with a $856/mo payment to leave $416/mo cash flow. Total monthly income runs $1,562/mo, and annual cash flow reaches $4,991/yr on $57,979 cash to close. Return on cash invested measures 28.52% in year one, and rental yield registers 10.72% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 149.47% and total cumulative return in cash totals $86,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,562/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1920

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 40 S Main St, a delightful detached home nestled in the heart of the Spring Grove School District. This home offers a spacious fenced-in yard, ideal for entertaining, gardening, or simply enjoying the outdoors. With two off-street parking spaces and plenty of on-street parking available, convenience is at your doorstep. Inside, the main level features a thoughtfully designed layout, including a cozy living room, dining area, half bath, and a functional kitchenplus the added bonus of a first-floor laundry room. Upstairs, you'll find three comfortable bedrooms and a full bathroom, perfect for families or those looking to invest. Comfort is key with central A/C (new unit installed in April 2023), forced air heating, and natural gas utilities for both heat and hot water. Public water and sewer services add to the ease of maintenance. Whether you're a first-time homebuyer or an investor looking for a solid rental property, this home is a fantastic opportunity. Schedule your private tour today and see the potential for yourself!

Neighborhood Data

Neighborhood data shown for ZIP Code: 17371, York New Salem, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	65 (100%)
Owner Occupied HU	48 (73.8%)
Renter Occupied HU	8 (12.3%)
Vacant Housing Units	9 (13.8%)
Median Home Value	$336,364
Average Home Value	$396,146