608 E Marion StLancasterPA17602
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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
Investment property for sale in Lancaster at 608 E Marion St, Lancaster, PA, 17602 uses $62,952 cash to close to unlock $3,469/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,533/mo, and a $929/mo payment keeps the spread at $289/mo. Purchase price stands at $189,900, and rental yield measures 9.69% with $1,533/mo rent. Return on cash invested shows 25.42% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 132.95% and total cumulative return in cash records $83,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,533/mo property income covering a $929/mo payment rather than investor’s personal income.
Townhouse
Built in 1898
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17602, Lancaster, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,730 (100%) |
| Owner Occupied HU | 10,881 (50.1%) |
| Renter Occupied HU | 9,451 (43.5%) |
| Vacant Housing Units | 1,398 ( 6.4%) |
| Median Home Value | $317,822 |
| Average Home Value | $353,635 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
17,487
Multi-Family
2,268
Businesses
1,375
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Listed by: David Wissler • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALA2080066