1138 Franklin StCarlislePA17013
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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 Carlisle at 1138 Franklin St, Carlisle, PA, 17013 generates $2,071/mo in rent and, after a $1,346/mo payment, leaves $269/mo in cash flow. Total monthly income is $2,071/mo, and annual cash flow is $3,228/yr on $91,163 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.04% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash sums $111,491. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,071/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17013, Carlisle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,401 (100%) |
| Owner Occupied HU | 9,060 (55.2%) |
| Renter Occupied HU | 6,362 (38.8%) |
| Vacant Housing Units | 979 ( 6.0%) |
| Median Home Value | $293,264 |
| Average Home Value | $346,650 |
Housing Distribution
Address Breakdown
Residential
15,268
Single Family
13,647
Multi-Family
1,621
Businesses
1,250
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Listed by: Amra Mesic • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PACB2046552