23 Hilltop DrShippenvillePA16254
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
Rental property for sale in Shippenville at 23 Hilltop Dr, Shippenville, PA, 16254 priced at $149,900 converts $887/mo rent into after a $734/mo obligation. Total monthly income equals $887/mo. Return on cash invested prints 17.6% in year one, and rental yield reads 7.1% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 90.99% and total cumulative return in cash sums $45,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $887/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1974
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16254, Shippenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 1,061 (72.1%) |
| Renter Occupied HU | 227 (15.4%) |
| Vacant Housing Units | 184 (12.5%) |
| Median Home Value | $164,792 |
| Average Home Value | $206,256 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
133
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Nearby investment properties with comparable prices
Listed by: Michael Wise • Coldwell Banker BURNS & BURNS
Mls Name: Allegheny Valley BOR
Mls ID: #159461
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.