Cannon WayLebanonPA17042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cannon Way, Lebanon, PA, 17042 with 5% annual appreciation on a $615,000 basis while $1,740/mo rent supports operations. 48% in year one. Equity gained on principal adds $3,969/yr, and five-year appreciation sums $169,913 alongside rental yield of 3.4%. Five-year ROI measures 31.29% and total cumulative return in cash totals $63,317. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,740/mo property income versus a $3,010/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17042, Lebanon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,767 (100%) |
| Owner Occupied HU | 11,322 (63.7%) |
| Renter Occupied HU | 5,319 (29.9%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $292,054 |
| Average Home Value | $325,962 |
Housing Distribution
Address Breakdown
Residential
16,511
Single Family
15,444
Multi-Family
1,067
Businesses
1,251
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Bollard • RE/MAX Cornerstone
Mls Name: Bright MLS
Mls ID: #PALN2022788