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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hanover at 624 E Middle St, Hanover, PA, 17331 offers $1,420/mo rent that, after a $1,346/mo payment. Total monthly income is $1,420/mo. Return on cash invested measures 14.88% in year one, and rental yield stands at 6.2% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 76.33% and total cumulative return in cash reaches $69,587. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,420/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
7,218 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.
| 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 |
Residential
23,654
Single Family
23,023
Multi-Family
631
Businesses
1,587
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bradley Shafer • Sites Realty, Inc.
Mls Name: Bright MLS
Mls ID: #PAYK2093772
