11251 Route 322ShippenvillePA16254
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 Shippenville at 11251 Route 322, Shippenville, PA, 16254 uses $62,488 cash to close to unlock $2,249/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,423/mo, and a $923/mo payment keeps the spread at $187/mo. Purchase price stands at $188,500, and rental yield measures 9.06% with $1,423/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $52,079 over five years. Five-year ROI reaches 122.67% and total cumulative return in cash records $76,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,423/mo property income covering a $923/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16254, Shippenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 1,061 (72.1%) |
| Renter Occupied HU | 227 (15.4%) |
| Vacant Housing Units | 184 (12.5%) |
| Median Home Value | $164,792 |
| Average Home Value | $206,256 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
133
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Listed by: Michael Wise • Coldwell Banker BURNS & BURNS
Mls Name: Allegheny Valley BOR
Mls ID: #159241