227 Thornapple LnCranberry 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 227 Thornapple Ln, Cranberry Township, PA, 16066 uses $119,009 cash to close to unlock $4,748/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $2,748/mo, and a $1,757/mo payment keeps the spread at $396/mo. Purchase price stands at $359,000, and rental yield measures 9.19% with $2,748/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 124.72% and total cumulative return in cash records $148,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,748/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Townhouse
Built in 2018
1,568 sqft lot
$N/A/sqft
No 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: Jared Santavicca • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1733611