845 Paramount Ave, Lancaster, PA, 17602 | 7.39% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

845 Paramount Ave, Lancaster, PA, 17602 | 7.39% Rental Yield | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2081 sft

119 Forest Hills Rd, Red Lion, PA, 17356

4 Bed
2 Bath
1922 sft

1710 Delp Rd, Whiteford, MD, 21160

3 Bed
2 Bath
1689 sft

1215 Pennsy Rd, Pequea, PA, 17565

2 Bed
2 Bath
1296 sft

12305 High Point Rd, Felton, PA, 17322

Nearby investment properties with comparable prices

4 Bed
3 Bath
2858 sft

124 N White Pine Trl, Delta, PA, 17314

3 Bed
3 Bath
1794 sft

4357 Webster Dr N, York, PA, 17402

4 Bed
2 Bath
1232 sft

95 Sycamore Trl, Delta, PA, 17314

2 Bed
2 Bath
1208 sft

105 Florentine Dr, Willow Street, PA, 17584

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,248/mo, and a $1,786/mo payment. Purchase price stands at $364,900, and rental yield measures 7.39% with $2,248/mo rent. Return on cash invested shows 18.49% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 95.7% and total cumulative return in cash records $115,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,786/mo payment rather than investor’s personal income.

Single Family

Built in 1931

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into the storybook charm of 845 Paramount Ave, an enchanting Tudor-style brick home that blends timeless 1930s character with everyday comfort in the Lampeter-Strasburg School District. From the moment you arrive, the classic rooflines and brickwork invite you into a home filled with warmth and personality. Inside, the main level offers a cozy living room anchored by a stone fireplace and mantel, perfect for those cozy winter nights. Hardwood floors guide you through the home, leading to a welcoming dining area and a kitchen featuring brand new LVP floors and granite countertops and abundant cabinet space. Just beyond the kitchen, youll discover a bonus room and convenient half bath - an ideal flex space for a home office, playroom, or creative nook; offering direct access to the spacious patio and backyard, perfect for outdoor entertaining. Upstairs, youll find three bright bedrooms and a full bath, each space offering its own touch of charm and personality. Outside, enjoy a large fenced yard with room to garden, play, or relax beneath the trees. Off-street parking adds extra convenience. And the location? Magical. You can literally see the Lampeter Fairgrounds from your front door, making walking to the fair an absolute breeze each year. Youre also just moments from Lancasters everyday amenities, parks, and commuter routesgiving you the perfect blend of neighborhood charm and city conveniences. If you love homes with character, soul, and a touch of enchantment, 845 Paramount Ave is ready to welcome you home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 17602, Lancaster, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	10,881 (50.1%)
Renter Occupied HU	9,451 (43.5%)
Vacant Housing Units	1,398 ( 6.4%)
Median Home Value	$317,822
Average Home Value	$353,635