216 Melbourne LnMechanicsburgPA17055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mechanicsburg at 216 Melbourne Ln, Mechanicsburg, PA, 17055 earns $72/mo cash flow from $2,004/mo rent with a $1,443/mo payment. Total monthly income totals $2,004/mo, and annual cash flow totals $863/yr on $97,759 capital. ROI tracks 20.79% on current figures, and rental yield reads 8.15% at a $294,900 purchase. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 over five years. Five-year ROI reaches 108.05% and total cumulative return in cash sums $105,631. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,004/mo property income instead of your personal income.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17055, Mechanicsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,091 (100%) |
| Owner Occupied HU | 12,521 (65.6%) |
| Renter Occupied HU | 5,868 (30.7%) |
| Vacant Housing Units | 702 ( 3.7%) |
| Median Home Value | $334,021 |
| Average Home Value | $374,100 |
Housing Distribution
Address Breakdown
Residential
19,021
Single Family
17,924
Multi-Family
1,097
Businesses
1,327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ALEX TRAN • KCA Real Estate
Mls Name: Bright MLS
Mls ID: #PACB2049452