6 Little Way #64HanoverPA17331
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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 Hanover at 6 Little Way #64, Hanover, PA, 17331 offers $3,360/mo rent that, after a $2,168/mo payment, leaves $457/mo cash flow. Total monthly income is $3,360/mo, and annual cash flow is $5,488/yr on $146,860 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 9.1% at a $443,017 entry. Equity gained on principal adds $2,859/yr while 5% annual appreciation compounds into $122,397 by year five. Five-year ROI records 123.37% and total cumulative return in cash reaches $181,185. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $2,168/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.37 Acres 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: Austin Waechter • Joseph A Myers Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAYK2091108