822 W Main StPalmyraPA17078
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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 Palmyra at 822 W Main St, Palmyra, PA, 17078 offers $1,469/mo rent that, after a $905/mo payment, leaves $257/mo cash flow. Total monthly income is $1,469/mo, and annual cash flow is $3,087/yr on $61,328 cash. Return on cash invested measures 24.94% in year one, and rental yield stands at 9.53% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 130.38% and total cumulative return in cash reaches $79,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,469/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17078, Palmyra, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,220 (100%) |
| Owner Occupied HU | 7,158 (70.0%) |
| Renter Occupied HU | 2,688 (26.3%) |
| Vacant Housing Units | 374 ( 3.7%) |
| Median Home Value | $336,535 |
| Average Home Value | $356,398 |
Housing Distribution
Address Breakdown
Residential
9,775
Single Family
9,149
Multi-Family
626
Businesses
433
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Listed by: NIKKI WOLFE • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2021972