514 Hockersville RdHersheyPA17033
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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 Hershey at 514 Hockersville Rd, Hershey, PA, 17033 priced at $285,000 pairs $2,304/mo rent with $436/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,304/mo, and annual cash flow comes to $5,236/yr on $94,478 invested. Return on cash invested is 25.45% in year one, and rental yield stands at 9.7% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 133.07% and total cumulative return in cash reaches $125,718. For financing, Ziffy Mortgage’s DSCR program evaluates $2,304/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17033, Hershey, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,195 (100%) |
| Owner Occupied HU | 3,764 (52.3%) |
| Renter Occupied HU | 2,906 (40.4%) |
| Vacant Housing Units | 525 ( 7.3%) |
| Median Home Value | $402,857 |
| Average Home Value | $456,595 |
Housing Distribution
Address Breakdown
Residential
7,172
Single Family
5,939
Multi-Family
1,233
Businesses
786
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Listed by: MICHAEL D SOUDERS • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2053110