20 Corriedale DrManchesterPA17345
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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 Manchester at 20 Corriedale Dr, Manchester, PA, 17345 with 5% annual appreciation on a $299,900 basis while $2,278/mo rent supports operations. Total monthly income totals $2,278/mo and a $1,468/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,500/yr on $99,417 deployed, and return on cash invested reaches 23.43% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 9.12%. Five-year ROI measures 122.3% and total cumulative return in cash totals $121,588.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,278/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17345, Manchester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,575 (74.2%) |
| Renter Occupied HU | 727 (21.0%) |
| Vacant Housing Units | 168 ( 4.8%) |
| Median Home Value | $240,082 |
| Average Home Value | $296,255 |
Housing Distribution
Address Breakdown
Residential
3,324
Single Family
3,177
Multi-Family
147
Businesses
191
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