128 Hykes Rd EGreencastlePA17225
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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
Rental property for sale in Greencastle at 128 Hykes Rd E, Greencastle, PA, 17225 priced at $304,900 converts $2,510/mo rent into $512/mo cash flow after a $1,492/mo obligation. Total monthly income equals $2,510/mo, and annual cash flow totals $6,149/yr on $101,074 invested. Return on cash invested prints 25.99% in year one, and rental yield reads 9.88% against a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation compiles into $84,238 by year five. Five-year ROI reaches 135.97% and total cumulative return in cash sums $137,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,510/mo property income covering a $1,492/mo payment, not borrower’s personal income.
Single Family
Built in 1995
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17225, Greencastle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,283 (100%) |
| Owner Occupied HU | 6,235 (75.3%) |
| Renter Occupied HU | 1,634 (19.7%) |
| Vacant Housing Units | 414 ( 5.0%) |
| Median Home Value | $319,401 |
| Average Home Value | $364,812 |
Housing Distribution
Address Breakdown
Residential
8,019
Single Family
7,919
Multi-Family
100
Businesses
471
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Listed by: Jake Statler • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAFL2030922