216 Horseshoe DrAnnvillePA17003
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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
Rental property for sale in Annville at 216 Horseshoe Dr, Annville, PA, 17003 priced at $339,900 converts $2,059/mo rent into after a $1,664/mo obligation. Total monthly income equals $2,059/mo. Return on cash invested prints 18.11% in year one, and rental yield reads 7.27% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 93.72% and total cumulative return in cash sums $105,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,059/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17003, Annville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,948 (100%) |
| Owner Occupied HU | 3,676 (74.3%) |
| Renter Occupied HU | 1,058 (21.4%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $300,678 |
| Average Home Value | $333,028 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,641
Multi-Family
171
Businesses
288
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Listed by: Nikki Jernigan • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2024068