421 N 22nd StLebanonPA17046
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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 421 N 22nd St, Lebanon, PA, 17046 uses $57,979 cash to close to unlock $3,647/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $856/mo payment keeps the spread at $304/mo. Purchase price stands at $174,900, and rental yield measures 9.95% with $1,450/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 137.05% and total cumulative return in cash records $79,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1920
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17046, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,628 (100%) |
| Owner Occupied HU | 7,867 (57.7%) |
| Renter Occupied HU | 4,997 (36.7%) |
| Vacant Housing Units | 764 ( 5.6%) |
| Median Home Value | $217,012 |
| Average Home Value | $252,662 |
Housing Distribution
Address Breakdown
Residential
12,649
Single Family
11,682
Multi-Family
967
Businesses
476
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Listed by: Marie Shott • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2024004