647 Candlewyck RdLancasterPA17601
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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 647 Candlewyck Rd, Lancaster, PA, 17601 with 5% annual appreciation on a $439,900 basis while $2,748/mo rent supports operations. 8% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,536 alongside rental yield of 7.5%. Five-year ROI measures 97.39% and total cumulative return in cash totals $142,023. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,748/mo property income versus a $2,153/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17601, Lancaster, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,517 (100%) |
| Owner Occupied HU | 15,713 (66.8%) |
| Renter Occupied HU | 6,758 (28.7%) |
| Vacant Housing Units | 1,046 ( 4.4%) |
| Median Home Value | $378,118 |
| Average Home Value | $429,004 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
21,128
Multi-Family
874
Businesses
2,148
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Listed by: PREM BARAL • Iron Valley Real Estate of Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2080136