Given its 3 bedrooms, 2 baths, and 1,318 sqft, this Musser Park townhouse in Lancaster should command strong rent. Based on current comp data and local 3-bedroom averages, expected monthly rent is $1,750–$2,100. Annual rental revenue would land between $21K and $25K. With a $250K valuation, the payback period is roughly 10–12 years, which is in line with city norms. Lancaster’s low vacancy rates and steady rent growth, paired with amenities like hardwood floors, fenced yard, and park views, support high rental appeal. The property’s classic charm and walkable location offset the challenge of older mechanicals and lack of off-street parking.
To maximize rental value, consider updating kitchen appliances and modernizing bathrooms, as these are top priorities for Lancaster renters. Enhancing curb appeal and improving energy efficiency (e.g., adding mini-split AC or new windows) could push rents toward the upper end of the range. If selling, highlight proximity to Musser Park, flexible attic space, and steady rental demand to attract both investors and owner-occupants. Pricing at or just below comps will draw attention in this active market.