405 S 6th StLebanonPA17042
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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
Investment Highlights
Investment property for sale in Lebanon at 405 S 6th St, Lebanon, PA, 17042 offers a 11.77% rental yield on a $202,900 purchase with $1,990/mo rent. Total monthly income registers $1,990/mo, and a $993/mo payment leaves $661/mo available for distribution. Annual cash flow reaches $7,926/yr on $67,261 to close, and return on cash invested stands at 31.69% in year one. Equity gained on principal adds $1,309/yr while 5% annual appreciation supports $56,058 over five years. Portfolio math shows five-year ROI at 166.55% and total cumulative return in cash at $112,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,990/mo property income against a $993/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
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Listed by: Elisa Rodriguez • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2023044