303 Parade StCranberry 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
Investment property for sale in Cranberry Township at 303 Parade St, Cranberry Township, PA, 16066 offers a 10.16% rental yield on a $325,000 purchase with $2,753/mo rent. Total monthly income registers $2,753/mo, and a $1,591/mo payment leaves $623/mo available for distribution. Annual cash flow reaches $7,476/yr on $107,738 to close, and return on cash invested stands at 26.85% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 140.56% and total cumulative return in cash at $151,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,753/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
884.27 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: Melanie Marsh • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1721607