131 & 131-1/2 W King StShippensburgPA17257
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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 Shippensburg at 131 & 131-1/2 W King St, Shippensburg, PA, 17257 listed at $279,000 pairs $2,250/mo rent with a $1,366/mo payment to leave $421/mo cash flow. Total monthly income runs $2,250/mo, and annual cash flow reaches $5,056/yr on $92,489 cash to close. Return on cash invested measures 25.38% in year one, and rental yield registers 9.68% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 132.67% and total cumulative return in cash totals $122,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,250/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17257, Shippensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,794 (100%) |
| Owner Occupied HU | 7,371 (62.5%) |
| Renter Occupied HU | 3,535 (30.0%) |
| Vacant Housing Units | 888 ( 7.5%) |
| Median Home Value | $265,947 |
| Average Home Value | $316,063 |
Housing Distribution
Address Breakdown
Residential
11,031
Single Family
10,683
Multi-Family
348
Businesses
573
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Listed by: Dwight Martin • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PACB2049066