Pheasant Ridge RdHanoverPA17331
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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 Hanover at Pheasant Ridge Rd, Hanover, PA, 17331 with 5% annual appreciation on a $420,100 basis while $2,998/mo rent supports operations. Total monthly income totals $2,998/mo and a $2,056/mo payment preserves $245/mo for cash returns. Annual cash flow comes to $2,944/yr on $139,263 deployed, and return on cash invested reaches 22.02% in year one. Equity gained on principal adds $2,711/yr, and five-year appreciation sums $116,066 alongside rental yield of 8.56%. Five-year ROI measures 114.67% and total cumulative return in cash totals $159,698.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,998/mo property income versus a $2,056/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
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
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