24 Pine LnNew OxfordPA17350
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 New Oxford at 24 Pine Ln, New Oxford, PA, 17350 priced at $230,000 converts $1,678/mo rent into $171/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,678/mo, and annual cash flow totals $2,047/yr on $76,245 invested. Return on cash invested prints 22.59% in year one, and rental yield reads 8.75% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 117.75% and total cumulative return in cash sums $89,779. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,678/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1985
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17350, New Oxford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,059 (70.9%) |
| Renter Occupied HU | 1,389 (24.3%) |
| Vacant Housing Units | 274 ( 4.8%) |
| Median Home Value | $309,203 |
| Average Home Value | $361,994 |
Housing Distribution
Address Breakdown
Residential
5,482
Single Family
4,993
Multi-Family
489
Businesses
278
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Listed by: Alberto Mateos • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAAD2019094