311 E Garfield StShippensburgPA17257
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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 Shippensburg at 311 E Garfield St, Shippensburg, PA, 17257 earns from $1,613/mo rent with a $1,468/mo payment. Total monthly income totals $1,613/mo. ROI tracks 15.66% on current figures, and rental yield reads 6.45% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 80.52% and total cumulative return in cash sums $80,076. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,613/mo property income instead of your personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17257, Shippensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,794 (100%) |
| Owner Occupied HU | 7,371 (62.5%) |
| Renter Occupied HU | 3,535 (30.0%) |
| Vacant Housing Units | 888 ( 7.5%) |
| Median Home Value | $265,947 |
| Average Home Value | $316,063 |
Housing Distribution
Address Breakdown
Residential
11,031
Single Family
10,683
Multi-Family
348
Businesses
573
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Listed by: James Thomas • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PACB2046096