8 Spruce LnLebanonPA17046
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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 Lebanon at 8 Spruce Ln, Lebanon, PA, 17046 earns $364/mo cash flow from $1,478/mo rent with a $832/mo payment. Total monthly income totals $1,478/mo, and annual cash flow totals $4,369/yr on $56,355 capital. ROI tracks 27.66% on current figures, and rental yield reads 10.43% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 144.98% and total cumulative return in cash sums $81,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,478/mo property income instead of your personal income.
Single Family
Built in 1944
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17046, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,628 (100%) |
| Owner Occupied HU | 7,867 (57.7%) |
| Renter Occupied HU | 4,997 (36.7%) |
| Vacant Housing Units | 764 ( 5.6%) |
| Median Home Value | $217,012 |
| Average Home Value | $252,662 |
Housing Distribution
Address Breakdown
Residential
12,649
Single Family
11,682
Multi-Family
967
Businesses
476
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Listed by: Sue Kleinfelter • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2023826