624 Northfield RdLititzPA17543
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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 Lititz at 624 Northfield Rd, Lititz, PA, 17543 priced at $317,400 converts $3,844/mo rent into $1,571/mo cash flow after a $1,554/mo obligation. Total monthly income equals $3,844/mo, and annual cash flow totals $18,850/yr on $105,218 invested. Return on cash invested prints 37.82% in year one, and rental yield reads 14.53% against a $317,400 entry. Equity gained on principal adds $2,048/yr, while 5% annual appreciation compiles into $87,692 by year five. Five-year ROI reaches 200.19% and total cumulative return in cash sums $210,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,844/mo property income covering a $1,554/mo payment, not borrower’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17543, Lititz, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,540 (100%) |
| Owner Occupied HU | 13,654 (69.9%) |
| Renter Occupied HU | 4,887 (25.0%) |
| Vacant Housing Units | 999 ( 5.1%) |
| Median Home Value | $394,272 |
| Average Home Value | $442,213 |
Housing Distribution
Address Breakdown
Residential
17,572
Single Family
16,907
Multi-Family
665
Businesses
962
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Homesale Realty
Mls Provider:
Mls ID: #PALA2053444