308 E Main StMechanicsburgPA17055
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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 Mechanicsburg at 308 E Main St, Mechanicsburg, PA, 17055 uses $97,130 cash to close to unlock $2,113/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,434/mo payment keeps the spread at $176/mo. Purchase price stands at $293,000, and rental yield measures 8.58% with $2,096/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash records $111,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,434/mo payment rather than investor’s personal income.
Single Family
Built in 1822
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17055, Mechanicsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,091 (100%) |
| Owner Occupied HU | 12,521 (65.6%) |
| Renter Occupied HU | 5,868 (30.7%) |
| Vacant Housing Units | 702 ( 3.7%) |
| Median Home Value | $334,021 |
| Average Home Value | $374,100 |
Housing Distribution
Address Breakdown
Residential
19,021
Single Family
17,924
Multi-Family
1,097
Businesses
1,327
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Listed by: Becki Pelow • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PACB2045708