247 Manor DrFranklinPA16323
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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 Franklin at 247 Manor Dr, Franklin, PA, 16323 generates $1,456/mo in rent and, after a $734/mo payment, leaves $473/mo in cash flow. Total monthly income is $1,456/mo, and annual cash flow is $5,679/yr on $49,725 invested. Return on cash invested sits at 31.33% in year one, and rental yield is 11.65% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 164.65% and total cumulative return in cash sums $81,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,456/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
5,898 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16323, Franklin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 4,678 (64.0%) |
| Renter Occupied HU | 1,781 (24.4%) |
| Vacant Housing Units | 849 (11.6%) |
| Median Home Value | $147,654 |
| Average Home Value | $190,611 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,570
Multi-Family
259
Businesses
633
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Listed by: Jeremy Mink • ERA JOHNSON REAL ESTATE INC.
Mls Name: WPMLS
Mls ID: #1722701