262 Shelby LnFairhopePA15538
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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 Fairhope at 262 Shelby Ln, Fairhope, PA, 15538 priced at $149,900 converts $937/mo rent into after a $734/mo obligation. Total monthly income equals $937/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 7.5% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 97.49% and total cumulative return in cash sums $48,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $937/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1960
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15538, Fairhope, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 269 (62.0%) |
| Renter Occupied HU | 35 ( 8.1%) |
| Vacant Housing Units | 130 (30.0%) |
| Median Home Value | $260,106 |
| Average Home Value | $317,091 |
Housing Distribution
Address Breakdown
Residential
362
Single Family
362
Multi-Family
0
Businesses
9
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Listed by: Lucas Rathway • HOWARD HANNA MID MON VALLEY OFFICE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1679763
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