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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 1471 Beck Mill Rd, Hanover, PA, 17331 offers a 14.69% rental yield on a $424,000 purchase with $5,192/mo rent. Total monthly income registers $5,192/mo, and a $2,075/mo payment leaves $2,060/mo available for distribution. Annual cash flow reaches $24,722/yr on $140,556 to close, and return on cash invested stands at 37.5% in year one. Equity gained on principal adds $2,736/yr while 5% annual appreciation supports $117,143 over five years. Portfolio math shows five-year ROI at 198.76% and total cumulative return in cash at $279,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,192/mo property income against a $2,075/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Pending sale | $424,000 |
| 2025-05-19 | Contingent | $424,000 |
| 2025-04-22 | Price change | $424,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-08-15 | N/A | N/A | N/A | N/A |
| 2024-08-15 | N/A | N/A | N/A | N/A |
| 2023-08-15 | $10559.90 | 10.06% | $313,350 | N/A |
Nearby investment properties with comparable rents
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Nearby investment properties with comparable prices
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1976
- Architectural Style: Cottage
- Building Area: 4,134
- Living Area: 4,134 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Hot Water, Electric
- Cooling: Central Air, Natural Gas
- Flooring: N/A
- Interior Features: Primary Bath(s)
- Exterior Features: N/A
- Parking Features: Garage Faces Front, Attached
Location
- City: Hanover
- Subdivision: Spot
- Lot Size: 1 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: On Site Septic
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Matthew Litzinger • Coldwell Banker Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAYK2075820
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