709 S Lincoln AveLebanonPA17042
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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 Lebanon at 709 S Lincoln Ave, Lebanon, PA, 17042 priced at $349,900 converts $2,496/mo rent into $203/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,496/mo, and annual cash flow totals $2,433/yr on $115,992 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 8.56% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 114.56% and total cumulative return in cash sums $132,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,496/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1927
0.43 Acres 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: Lisa Graham • Iron Valley Real Estate of Lancaster
Mls Name: Bright MLS
Mls ID: #PALN2022938