1398 W Penn PikeNew RinggoldPA17960
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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 New Ringgold at 1398 W Penn Pike, New Ringgold, PA, 17960 priced at $306,300 converts $2,314/mo rent into $307/mo cash flow after a $1,499/mo obligation. Total monthly income equals $2,314/mo, and annual cash flow totals $3,685/yr on $101,538 invested. Return on cash invested prints 23.54% in year one, and rental yield reads 9.07% against a $306,300 entry. Equity gained on principal adds $1,977/yr, while 5% annual appreciation compiles into $84,625 by year five. Five-year ROI reaches 122.82% and total cumulative return in cash sums $124,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,314/mo property income covering a $1,499/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17960, New Ringgold, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,782 (100%) |
| Owner Occupied HU | 1,411 (79.2%) |
| Renter Occupied HU | 228 (12.8%) |
| Vacant Housing Units | 143 ( 8.0%) |
| Median Home Value | $306,086 |
| Average Home Value | $324,825 |
Housing Distribution
Address Breakdown
Residential
1,622
Single Family
1,622
Multi-Family
0
Businesses
77
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