518 Spruce St,Lancaster,PA,17603

Investment Highlights

Rental property for sale in Lancaster at 518 Spruce St, Lancaster, PA, 17603 offers $1,985/mo rent that, after a $1,150/mo payment, leaves $445/mo cash flow. Total monthly income is $1,985/mo, and annual cash flow is $5,345/yr on $77,869 cash. Return on cash invested measures 26.77% in year one, and rental yield stands at 10.14% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 140.15% and total cumulative return in cash reaches $109,137. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,985/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.