406 W Caracas AveHersheyPA17033
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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
Rental property for sale in Hershey at 406 W Caracas Ave, Hershey, PA, 17033 generates $3,030/mo in rent, after a $2,932/mo payment. Total monthly income is $3,030/mo. Return on cash invested sits at 14.61% in year one, and rental yield is 6.07% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 74.87% and total cumulative return in cash sums $147,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17033, Hershey, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,195 (100%) |
| Owner Occupied HU | 3,764 (52.3%) |
| Renter Occupied HU | 2,906 (40.4%) |
| Vacant Housing Units | 525 ( 7.3%) |
| Median Home Value | $402,857 |
| Average Home Value | $456,595 |
Housing Distribution
Address Breakdown
Residential
7,172
Single Family
5,939
Multi-Family
1,233
Businesses
786
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Listed by: Nicole Daboin • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2049030