18 Larch DrShippensburgPA17257
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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 18 Larch Dr, Shippensburg, PA, 17257 with 5% annual appreciation on a $289,000 basis while $2,372/mo rent supports operations. Total monthly income totals $2,372/mo and a $1,415/mo payment preserves $478/mo for cash returns. Annual cash flow comes to $5,733/yr on $95,804 deployed, and return on cash invested reaches 25.89% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 9.85%. Five-year ROI measures 135.42% and total cumulative return in cash totals $129,734.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,372/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6,534 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: Carrie Gardner • Realty One Group Golden Key
Mls Name: Bright MLS
Mls ID: #PACB2048670