23-25 Shannon StSimpsonPA18407
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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 Simpson at 23-25 Shannon St, Simpson, PA, 18407 generates $2,146/mo in rent and, after a $1,223/mo payment, leaves $509/mo in cash flow. Total monthly income is $2,146/mo, and annual cash flow is $6,103/yr on $82,842 invested. Return on cash invested sits at 27.28% in year one, and rental yield is 10.3% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 142.84% and total cumulative return in cash sums $118,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,146/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Listed by: Halle Stevens • REALTY NETWORK GROUP
Mls Name: GSBR
Mls ID: #SC255883