1123 Ashton 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
Investment property for sale in Shippensburg at 1123 Ashton Dr, Shippensburg, PA, 17257 uses $106,047 cash to close to unlock $1,182/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $2,195/mo, and a $1,566/mo payment keeps the spread at $99/mo. Purchase price stands at $319,900, and rental yield measures 8.23% with $2,195/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $115,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,195/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.29 Acres 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: Kelli Stouffer • RE/MAX Realty Agency, Inc.
Mls Name: Bright MLS
Mls ID: #PAFL2029830