931 Martha AveLancasterPA17601
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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 Lancaster at 931 Martha Ave, Lancaster, PA, 17601 offers a 7.18% rental yield on a $425,000 purchase with $2,544/mo rent. 86% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 92.34% and total cumulative return in cash at $130,097. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,544/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17601, Lancaster, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,517 (100%) |
| Owner Occupied HU | 15,713 (66.8%) |
| Renter Occupied HU | 6,758 (28.7%) |
| Vacant Housing Units | 1,046 ( 4.4%) |
| Median Home Value | $378,118 |
| Average Home Value | $429,004 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
21,128
Multi-Family
874
Businesses
2,148
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Listed by: Anne M Lusk • Lusk & Associates Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #PALA2081280