120 E Clearview DrShrewsburyPA17361
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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 Shrewsbury at 120 E Clearview Dr, Shrewsbury, PA, 17361 priced at $298,900 converts $1,890/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 7.59% against a $298,900 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,581 by year five. Five-year ROI reaches 98.89% and total cumulative return in cash sums $97,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17361, Shrewsbury, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,645 (100%) |
| Owner Occupied HU | 2,052 (77.6%) |
| Renter Occupied HU | 492 (18.6%) |
| Vacant Housing Units | 101 ( 3.8%) |
| Median Home Value | $357,282 |
| Average Home Value | $371,968 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,381
Multi-Family
134
Businesses
358
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Listed by: Ross Stanard • Howard Hanna Real Estate Services-York
Mls Name: Bright MLS
Mls ID: #PAYK2090890