1232 15th StFranklinPA16323
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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
Investment property for sale in Franklin at 1232 15th St, Franklin, PA, 16323 uses $64,643 cash to close to unlock $7,831/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $1,930/mo, and a $954/mo payment keeps the spread at $653/mo. Purchase price stands at $195,000, and rental yield measures 11.88% with $1,930/mo rent. Return on cash invested shows 32.02% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 168.31% and total cumulative return in cash records $108,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,930/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.60 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: Chad Wilkinson • ERA JOHNSON REAL ESTATE INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1718013
Disclaimer: Listing 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.