11 Michael Ct, Shippensburg, PA, 17257 | $246/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11 Michael Ct, Shippensburg, PA, 17257 | $246/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Shippensburg at 11 Michael Ct, Shippensburg, PA, 17257 offers $1,406/mo rent that, after a $866/mo payment, leaves $246/mo cash flow. Total monthly income is $1,406/mo, and annual cash flow is $2,958/yr on $58,676 cash. Return on cash invested measures 24.95% in year one, and rental yield stands at 9.53% at a $177,000 entry. Equity gained on principal adds $1,142/yr while 5% annual appreciation compounds into $48,902 by year five. Five-year ROI records 130.38% and total cumulative return in cash reaches $76,499. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,406/mo property income versus a $866/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 2001

N/A lot

$N/A/sqft

No HOA

More details about the property

Embrace low-maintenance luxury in this beautifully designed manufactured ranch home, offering 2,128 square feet of spacious living within the vibrant Shippensburg Village 55+ adult community. This 3-bedroom, 2-bath residence blends comfort and style, featuring a bright living room, a cozy family room with a stone gas fireplace, and a dedicated office for work or hobbies. The primary suite is a true retreat, boasting a large walk-in closet and a luxurious bath with a soaking tub, separate shower, and dual-sink vanity. The expansive kitchen, complete with a central island, flows seamlessly into formal and informal dining areas, ideal for entertaining or everyday meals. A separate laundry room adds convenience, while the inviting side patio with an awning and a large shed with a covered porch provide ample outdoor space for relaxation and storage. The room measurements are an approximate guide, buyers to verify. The monthly community fee of $300 includes your sewer, trash, and with optional lawn and snow care included with your monthly rent for $50 more, you can spend less time on outdoor chores and more time doing what you love. Enjoy the best of 55+ living in this thoughtfully designed home, perfect for your next chapter!

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