303 Ridge AveMc SherrystownPA17344
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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 Mc Sherrystown at 303 Ridge Ave, Mc Sherrystown, PA, 17344 uses $66,267 cash to close to unlock $3,774/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,624/mo, and a $978/mo payment keeps the spread at $315/mo. Purchase price stands at $199,900, and rental yield measures 9.75% with $1,624/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 133.91% and total cumulative return in cash records $88,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,624/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17344, Mc Sherrystown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 896 (53.7%) |
| Renter Occupied HU | 690 (41.3%) |
| Vacant Housing Units | 84 ( 5.0%) |
| Median Home Value | $202,682 |
| Average Home Value | $219,484 |
Housing Distribution
Address Breakdown
Residential
1,608
Single Family
1,367
Multi-Family
241
Businesses
76
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Listed by: Kara Weber • Keller Williams of Central PA
Mls Name: Bright MLS
Mls ID: #PAAD2018184