580 Norman RdYorkPA17406
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 York at 580 Norman Rd, York, PA, 17406 offers $1,622/mo rent that, after a $1,126/mo payment, leaves $115/mo cash flow. Total monthly income is $1,622/mo, and annual cash flow is $1,375/yr on $76,245 cash. Return on cash invested measures 21.71% in year one, and rental yield stands at 8.46% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 113.01% and total cumulative return in cash reaches $86,167. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,622/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17406, York, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,043 (100%) |
| Owner Occupied HU | 7,582 (75.5%) |
| Renter Occupied HU | 2,039 (20.3%) |
| Vacant Housing Units | 422 ( 4.2%) |
| Median Home Value | $284,456 |
| Average Home Value | $329,522 |
Housing Distribution
Address Breakdown
Residential
10,076
Single Family
10,072
Multi-Family
4
Businesses
513
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Nearby investment properties with comparable prices
Listed by: JJ Vazquez • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAYK2088266