26 E Madison StGreencastlePA17225
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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 Greencastle at 26 E Madison St, Greencastle, PA, 17225 priced at $275,000 converts $2,015/mo rent into $213/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,015/mo, and annual cash flow totals $2,556/yr on $91,163 invested. Return on cash invested prints 22.71% in year one, and rental yield reads 8.79% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 118.35% and total cumulative return in cash sums $107,891. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,015/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Multi Family
Built in 1961
4,356 sqft 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
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Listed by: Lance Overcash • JAK Real Estate
Mls Name: Bright MLS
Mls ID: #PAFL2031478