Covington Plan, Somerford at Stoner FarmLancasterPA17601
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 Lancaster at Covington Plan, Somerford at Stoner Farm, Lancaster, PA, 17601 at $647,235 posts ROI 31.39% with $2,011/mo cash flow from $6,252/mo rent. Total monthly income equals $6,252/mo, and annual cash flow records $24,128/yr on $212,940 to close. Return on cash invested measures 31.39% and rental yield reads 11.59% at the current $647,235. Equity gained on principal adds $4,177/yr, and 5% annual appreciation supports $178,819 by year five. Five-year ROI prints 164.86% and total cumulative return in cash totals $351,058.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Keystone Custom Homes
Mls Name: Keystone Custom Homes
Mls Provider:
Mls ID: #N/A