1145 Highland DrMechanicsburgPA17055
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 Mechanicsburg at 1145 Highland Dr, Mechanicsburg, PA, 17055 listed at $375,000 pairs $2,662/mo rent with a $1,835/mo payment to leave $205/mo cash flow. Total monthly income runs $2,662/mo, and annual cash flow reaches $2,461/yr on $124,313 cash to close. Return on cash invested measures 21.89% in year one, and rental yield registers 8.52% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 113.97% and total cumulative return in cash totals $141,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,662/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17055, Mechanicsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,091 (100%) |
| Owner Occupied HU | 12,521 (65.6%) |
| Renter Occupied HU | 5,868 (30.7%) |
| Vacant Housing Units | 702 ( 3.7%) |
| Median Home Value | $334,021 |
| Average Home Value | $374,100 |
Housing Distribution
Address Breakdown
Residential
19,021
Single Family
17,924
Multi-Family
1,097
Businesses
1,327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Ramos • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PAYK2094534