24 Irongate CtMechanicsburgPA17050
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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 Mechanicsburg at 24 Irongate Ct, Mechanicsburg, PA, 17050 with 5% annual appreciation on a $659,900 basis while $2,974/mo rent supports operations. 6% in year one. Equity gained on principal adds $4,258/yr, and five-year appreciation sums $182,318 alongside rental yield of 5.41%. Five-year ROI measures 64.08% and total cumulative return in cash totals $139,118. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,974/mo property income versus a $3,230/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17050, Mechanicsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,075 (100%) |
| Owner Occupied HU | 13,821 (76.5%) |
| Renter Occupied HU | 3,700 (20.5%) |
| Vacant Housing Units | 554 ( 3.1%) |
| Median Home Value | $414,162 |
| Average Home Value | $456,964 |
Housing Distribution
Address Breakdown
Residential
18,110
Single Family
17,648
Multi-Family
462
Businesses
1,049
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Listed by: John Esser • RE/MAX Realty Associates
Mls Name: Bright MLS
Mls ID: #PACB2044666