24 E Orange St #26-EShippensburgPA17257
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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 Shippensburg at 24 E Orange St #26-E, Shippensburg, PA, 17257 uses $53,040 cash to close to unlock $6,656/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,603/mo, and a $783/mo payment keeps the spread at $555/mo. Purchase price stands at $160,000, and rental yield measures 12.02% with $1,603/mo rent. Return on cash invested shows 32.46% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 170.61% and total cumulative return in cash records $90,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,603/mo property income covering a $783/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17257, Shippensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,794 (100%) |
| Owner Occupied HU | 7,371 (62.5%) |
| Renter Occupied HU | 3,535 (30.0%) |
| Vacant Housing Units | 888 ( 7.5%) |
| Median Home Value | $265,947 |
| Average Home Value | $316,063 |
Housing Distribution
Address Breakdown
Residential
11,031
Single Family
10,683
Multi-Family
348
Businesses
573
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Listed by: Tom White • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PACB2048064