7 E Penn AveCleonaPA17042
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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 Cleona at 7 E Penn Ave, Cleona, PA, 17042 earns from $1,462/mo rent with a $1,613/mo payment. Total monthly income totals $1,462/mo. ROI tracks 12.25% on current figures, and rental yield reads 5.32% at a $329,500 purchase. Equity gained on principal adds $2,126/yr, and 5% annual appreciation supports $91,035 over five years. Five-year ROI reaches 62.24% and total cumulative return in cash sums $67,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,462/mo property income instead of your personal income.
Multi Family
Built in 1904
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
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Listed by: Lonnie Long • RE/MAX Cornerstone
Mls Name: Bright MLS
Mls ID: #PALN2024290