403 S Summit AveQuarryvillePA17566
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 Quarryville at 403 S Summit Ave, Quarryville, PA, 17566 offers $1,196/mo rent that, after a $734/mo payment, leaves $213/mo cash flow. Total monthly income is $1,196/mo, and annual cash flow is $2,559/yr on $49,725 cash. Return on cash invested measures 25.06% in year one, and rental yield stands at 9.57% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 130.98% and total cumulative return in cash reaches $65,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,196/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17566, Quarryville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 3,172 (71.7%) |
| Renter Occupied HU | 1,133 (25.6%) |
| Vacant Housing Units | 122 ( 2.8%) |
| Median Home Value | $382,249 |
| Average Home Value | $442,092 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,198
Multi-Family
37
Businesses
355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Stewart • Cavalry Realty LLC
Mls Name: Bright MLS
Mls ID: #PALA2078334