10 Evergreen TerManchesterPA17345
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 Manchester at 10 Evergreen Ter, Manchester, PA, 17345 uses $82,842 cash to close to unlock $595/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $1,223/mo payment keeps the spread at $50/mo. Purchase price stands at $249,900, and rental yield measures 8.1% with $1,687/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 107.18% and total cumulative return in cash records $88,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2004
8,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17345, Manchester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,575 (74.2%) |
| Renter Occupied HU | 727 (21.0%) |
| Vacant Housing Units | 168 ( 4.8%) |
| Median Home Value | $240,082 |
| Average Home Value | $296,255 |
Housing Distribution
Address Breakdown
Residential
3,324
Single Family
3,177
Multi-Family
147
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Wolgemuth • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PAYK2096920