659 Lehigh AveLancasterPA17602
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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 659 Lehigh Ave, Lancaster, PA, 17602 offers a 9.67% rental yield on a $198,000 purchase with $1,596/mo rent. Total monthly income registers $1,596/mo, and a $969/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,584/yr on $65,637 to close, and return on cash invested stands at 25.37% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 132.63% and total cumulative return in cash at $87,052. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,596/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1923
1,307 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: Tobie Fisher • Prime Home Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PALA2081450