1506 Bridge StNew CumberlandPA17070
Nearby investment properties with comparable rents
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 New Cumberland at 1506 Bridge St, New Cumberland, PA, 17070 generates $1,427/mo in rent and, after a $929/mo payment, leaves $183/mo in cash flow. Total monthly income is $1,427/mo, and annual cash flow is $2,197/yr on $62,952 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 9.02% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 122.12% and total cumulative return in cash sums $76,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,427/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17070, New Cumberland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 5,646 (73.5%) |
| Renter Occupied HU | 1,748 (22.7%) |
| Vacant Housing Units | 290 ( 3.8%) |
| Median Home Value | $297,229 |
| Average Home Value | $351,979 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,169
Multi-Family
178
Businesses
448
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Listed by: Ryan Miller • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PACB2044294