506 E Walnut 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 506 E Walnut St, Lebanon, PA, 17042 at $229,000 posts ROI 22.28% with $150/mo cash flow from $1,651/mo rent. Total monthly income equals $1,651/mo, and annual cash flow records $1,803/yr on $75,914 to close. Return on cash invested measures 22.28% and rental yield reads 8.65% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 116.11% and total cumulative return in cash totals $88,145.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,651/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1943
4,791 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: Tammy Smith • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2023198