51 S Manheim StAnnvillePA17003
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 Annville at 51 S Manheim St, Annville, PA, 17003 offers $1,345/mo rent that, after a $979/mo payment, leaves $34/mo cash flow. Total monthly income is $1,345/mo, and annual cash flow is $412/yr on $66,300 cash. Return on cash invested measures 20.53% in year one, and rental yield stands at 8.07% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 106.69% and total cumulative return in cash reaches $70,736. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,345/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17003, Annville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,948 (100%) |
| Owner Occupied HU | 3,676 (74.3%) |
| Renter Occupied HU | 1,058 (21.4%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $300,678 |
| Average Home Value | $333,028 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,641
Multi-Family
171
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Turner • Inch & Co. Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PALN2023954