462 S Christian StLancasterPA17602
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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 Lancaster at 462 S Christian St, Lancaster, PA, 17602 priced at $169,000 converts $1,452/mo rent into $345/mo cash flow after a $827/mo obligation. Total monthly income equals $1,452/mo, and annual cash flow totals $4,137/yr on $56,024 invested. Return on cash invested prints 27.29% in year one, and rental yield reads 10.31% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 142.92% and total cumulative return in cash sums $80,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,452/mo property income covering a $827/mo payment, not borrower’s personal income.
Townhouse
Built in 1900
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17602, Lancaster, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,730 (100%) |
| Owner Occupied HU | 10,881 (50.1%) |
| Renter Occupied HU | 9,451 (43.5%) |
| Vacant Housing Units | 1,398 ( 6.4%) |
| Median Home Value | $317,822 |
| Average Home Value | $353,635 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
17,487
Multi-Family
2,268
Businesses
1,375
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Listed by: Benuel Esh • Keller Williams Elite
Mls Name: Bright MLS
Mls ID: #PALA2071030