820 Mifflin StLebanonPA17046
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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 820 Mifflin St, Lebanon, PA, 17046 listed at $215,000 pairs $1,594/mo rent with a $1,052/mo payment to leave $185/mo cash flow. Total monthly income runs $1,594/mo, and annual cash flow reaches $2,226/yr on $71,273 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 8.9% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 120.1% and total cumulative return in cash totals $85,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,594/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
1,742 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: Jocelyn Shay • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2023476