2386 McCormick RdSmicksburgPA16256
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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 Smicksburg at 2386 McCormick Rd, Smicksburg, PA, 16256 generates $1,637/mo in rent and, after a $534/mo payment, leaves $886/mo in cash flow. Total monthly income is $1,637/mo, and annual cash flow is $10,629/yr on $36,134 invested. Return on cash invested sits at 49.32% in year one, and rental yield is 18.02% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 261.52% and total cumulative return in cash sums $94,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,637/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16256, Smicksburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 445 (76.3%) |
| Renter Occupied HU | 68 (11.7%) |
| Vacant Housing Units | 70 (12.0%) |
| Median Home Value | $171,121 |
| Average Home Value | $265,118 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
533
Multi-Family
0
Businesses
38
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