10894 Grindstone Hill RdGreencastlePA17225
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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 Greencastle at 10894 Grindstone Hill Rd, Greencastle, PA, 17225 offers a 7.54% rental yield on a $280,000 purchase with $1,759/mo rent. 93% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 98.1% and total cumulative return in cash at $91,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,759/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17225, Greencastle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,283 (100%) |
| Owner Occupied HU | 6,235 (75.3%) |
| Renter Occupied HU | 1,634 (19.7%) |
| Vacant Housing Units | 414 ( 5.0%) |
| Median Home Value | $319,401 |
| Average Home Value | $364,812 |
Housing Distribution
Address Breakdown
Residential
8,019
Single Family
7,919
Multi-Family
100
Businesses
471
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Listed by: Brooke Hill • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PAFL2031638