917 Columbia Ave SUITE 232, Lancaster, PA, 17603 | $191/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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917 Columbia Ave SUITE 232, Lancaster, PA, 17603 | $191/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lancaster at 917 Columbia Ave SUITE 232, Lancaster, PA, 17603 uses $48,068 cash to close to unlock $2,286/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,141/mo, and a $710/mo payment keeps the spread at $191/mo. Purchase price stands at $145,000, and rental yield measures 9.44% with $1,141/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash records $61,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,141/mo property income covering a $710/mo payment rather than investor’s personal income.

Apartment

Built in 1925

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this bright and inviting 2-bedroom, 2-bath corner-unit condo that offers the perfect blend of comfort, convenience, and potential. With windows on multiple sides, this home is filled with abundant natural light, creating a warm and airy atmosphere throughout. The open floor plan seamlessly connects the living, dining, and kitchen areasideal for everyday living and entertaining. The newly updated kitchen features a fresh functional space to enjoy cooking and gathering with friends and loved ones. As a desirable bonus, there is no unit above, offering added privacy and a quieter living experience. The spacious primary bedroom includes a walk-in closet and a private en-suite bathroom, while the second bedroom and full bath provide flexibility for guests, a home office, or additional living space. The condo does need a bit of fixing up, presenting a great opportunity to add your personal touches and build instant value. Enjoy carefree condo living, with the HOA handling grounds and exterior maintenance, allowing you to focus on what matters most. Conveniently located near shopping, dining, and everyday essentials, this home offers easy access to everything you need. Dont miss the chance to own a historic Clock Towers unit with great features, a prime location, and plenty of potential.