551 McAllister StHanoverPA17331
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
Investment property for sale in Hanover at 551 McAllister St, Hanover, PA, 17331 at $209,900 posts ROI 27.79% with $457/mo cash flow from $1,832/mo rent. Total monthly income equals $1,832/mo, and annual cash flow records $5,483/yr on $69,582 to close. Return on cash invested measures 27.79% and rental yield reads 10.47% at the current $209,900. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 by year five. Five-year ROI prints 145.55% and total cumulative return in cash totals $101,276.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,832/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
4,382 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,335 (100%) |
| Owner Occupied HU | 16,778 (68.9%) |
| Renter Occupied HU | 6,231 (25.6%) |
| Vacant Housing Units | 1,326 ( 5.4%) |
| Median Home Value | $271,664 |
| Average Home Value | $303,759 |
Housing Distribution
Address Breakdown
Residential
23,654
Single Family
23,023
Multi-Family
631
Businesses
1,587
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Listed by: Heather Aughenbaugh • Realty One Group Generations
Mls Name: Bright MLS
Mls ID: #PAYK2096900