Overture Plan, Summerfield TownhomesHanoverPA17331
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
Rental property for sale in Hanover at Overture Plan, Summerfield Townhomes, Hanover, PA, 17331 priced at $274,990 converts $1,891/mo rent into $89/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,891/mo, and annual cash flow totals $1,068/yr on $91,159 invested. Return on cash invested prints 21.08% in year one, and rental yield reads 8.25% against a $274,990 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,975 by year five. Five-year ROI reaches 109.6% and total cumulative return in cash sums $99,908. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,891/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17331, Hanover, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,335 (100%) |
| Owner Occupied HU | 16,778 (68.9%) |
| Renter Occupied HU | 6,231 (25.6%) |
| Vacant Housing Units | 1,326 ( 5.4%) |
| Median Home Value | $271,664 |
| Average Home Value | $303,759 |
Housing Distribution
Address Breakdown
Residential
23,654
Single Family
23,023
Multi-Family
631
Businesses
1,587
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A