407 Groffdale RdQuarryvillePA17566
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 407 Groffdale Rd, Quarryville, PA, 17566 priced at $310,000 pairs $1,748/mo rent with after a $1,517/mo payment. Total monthly income equals $1,748/mo. Return on cash invested is 16.6% in year one, and rental yield stands at 6.77% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 85.59% and total cumulative return in cash reaches $87,955. For financing, Ziffy Mortgage’s DSCR program evaluates $1,748/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
8,712 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
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Nearby investment properties with comparable prices
Listed by: Matt Helsel • Iron Valley Real Estate of Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2081242