117 Red Bridge LnFranklinPA16323
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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 Franklin at 117 Red Bridge Ln, Franklin, PA, 16323 offers $1,634/mo rent that, after a $855/mo payment, leaves $489/mo cash flow. Total monthly income is $1,634/mo, and annual cash flow is $5,874/yr on $57,880 cash. Return on cash invested measures 30.06% in year one, and rental yield stands at 11.23% at a $174,600 entry. Equity gained on principal adds $1,127/yr while 5% annual appreciation compounds into $48,239 by year five. Five-year ROI records 157.78% and total cumulative return in cash reaches $91,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,634/mo property income versus a $855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16323, Franklin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 4,678 (64.0%) |
| Renter Occupied HU | 1,781 (24.4%) |
| Vacant Housing Units | 849 (11.6%) |
| Median Home Value | $147,654 |
| Average Home Value | $190,611 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,570
Multi-Family
259
Businesses
633
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Listed by: Allen Sharrer • 1ST RATE REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1647254
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.