251 E Grant StGreencastlePA17225
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 251 E Grant St, Greencastle, PA, 17225 in Greencastle hard to pass up. The 10.96% gross yield on a $199,900 purchase results in $1,826/mo in rent and $516/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.03). Annual cash flow of $6,198, five-year appreciation of $55,229, and $1,841/yr in equity build-up combine for a projected total cumulative return of $109,346.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $516 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,826 |
| Total Monthly Debt Service | $1,230 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17225, Greencastle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,283 (100%) |
| Owner Occupied HU | 6,235 (75.3%) |
| Renter Occupied HU | 1,634 (19.7%) |
| Vacant Housing Units | 414 ( 5.0%) |
| Median Home Value | $319,401 |
| Average Home Value | $364,812 |
Housing Distribution
Address Breakdown
Residential
8,019
Single Family
7,919
Multi-Family
100
Businesses
471
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
Single Family
Built in 1900
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17225, Greencastle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,283 (100%) |
| Owner Occupied HU | 6,235 (75.3%) |
| Renter Occupied HU | 1,634 (19.7%) |
| Vacant Housing Units | 414 ( 5.0%) |
| Median Home Value | $319,401 |
| Average Home Value | $364,812 |
Housing Distribution
Address Breakdown
Residential
8,019
Single Family
7,919
Multi-Family
100
Businesses
471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #PAFL2033548