108 Cardinal DrShippensburgPA17257
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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
Rental property for sale in Shippensburg at 108 Cardinal Dr, Shippensburg, PA, 17257 offers $2,484/mo rent that, after a $1,541/mo payment, leaves $421/mo cash flow. Total monthly income is $2,484/mo, and annual cash flow is $5,049/yr on $104,389 cash. Return on cash invested measures 24.75% in year one, and rental yield stands at 9.47% at a $314,900 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 129.25% and total cumulative return in cash reaches $134,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,484/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17257, Shippensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,794 (100%) |
| Owner Occupied HU | 7,371 (62.5%) |
| Renter Occupied HU | 3,535 (30.0%) |
| Vacant Housing Units | 888 ( 7.5%) |
| Median Home Value | $265,947 |
| Average Home Value | $316,063 |
Housing Distribution
Address Breakdown
Residential
11,031
Single Family
10,683
Multi-Family
348
Businesses
573
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Listed by: Steve Coover • Jalex Real Estate Services LLC
Mls Name: Bright MLS
Mls ID: #PACB2047876