209 Hoover DrMartinsburgPA16662
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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 Martinsburg at 209 Hoover Dr, Martinsburg, PA, 16662 listed at $320,000 pairs $1,020/mo rent with a $1,566/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 7.73% in year one, and rental yield registers 3.82% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 38.03% and total cumulative return in cash totals $40,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16662, Martinsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,463 (100%) |
| Owner Occupied HU | 1,679 (68.2%) |
| Renter Occupied HU | 622 (25.3%) |
| Vacant Housing Units | 162 ( 6.6%) |
| Median Home Value | $246,033 |
| Average Home Value | $284,811 |
Housing Distribution
Address Breakdown
Residential
2,297
Single Family
2,239
Multi-Family
58
Businesses
172
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Listed by: Michelle Laratonda • Re/max Results Realty Group
Mls Name: AHAR
Mls ID: #79006