205 Erin DrCranberry TownshipPA16066
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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 Cranberry Township at 205 Erin Dr, Cranberry Township, PA, 16066 with 5% annual appreciation on a $925,000 basis while $6,383/mo rent supports operations. Total monthly income totals $6,383/mo and a $4,527/mo payment preserves $290/mo for cash returns. Annual cash flow comes to $3,480/yr on $304,325 deployed, and return on cash invested reaches 21.2% in year one. Equity gained on principal adds $5,969/yr, and five-year appreciation sums $255,560 alongside rental yield of 8.28%. Five-year ROI measures 110.29% and total cumulative return in cash totals $335,641.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,383/mo property income versus a $4,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.44 Acres lot
$N/A/sqft
$32 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16066, Cranberry Twp, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,568 (100%) |
| Owner Occupied HU | 10,258 (70.4%) |
| Renter Occupied HU | 3,577 (24.6%) |
| Vacant Housing Units | 733 ( 5.0%) |
| Median Home Value | $437,265 |
| Average Home Value | $480,279 |
Housing Distribution
Address Breakdown
Residential
14,435
Single Family
12,869
Multi-Family
1,566
Businesses
1,433
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Listed by: Debra Schatzel • ACHIEVE REALTY, INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697946
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.