301 Laporte CtCranberry TownshipPA16066
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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 Cranberry Township at 301 Laporte Ct, Cranberry Township, PA, 16066 generates $1,537/mo in rent and, after a $871/mo payment, leaves $371/mo in cash flow. Total monthly income is $1,537/mo, and annual cash flow is $4,452/yr on $58,974 invested. Return on cash invested sits at 27.46% in year one, and rental yield is 10.37% on a $177,900 entry. Equity gained on principal adds $1,148/yr, while 5% annual appreciation builds toward $49,150 over five years. Five-year ROI reaches 143.79% and total cumulative return in cash sums $84,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,537/mo property income rather than buyer’s personal income.
Condo
Built in 1973
531.43 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16066, Cranberry Twp, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,568 (100%) |
| Owner Occupied HU | 10,258 (70.4%) |
| Renter Occupied HU | 3,577 (24.6%) |
| Vacant Housing Units | 733 ( 5.0%) |
| Median Home Value | $437,265 |
| Average Home Value | $480,279 |
Housing Distribution
Address Breakdown
Residential
14,435
Single Family
12,869
Multi-Family
1,566
Businesses
1,433
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Listed by: Cherie Altsman • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1711201