315 Pennington DrMechanicsburgPA17055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mechanicsburg at 315 Pennington Dr, Mechanicsburg, PA, 17055 priced at $824,000 pairs $4,247/mo rent with after a $4,033/mo payment. Total monthly income equals $4,247/mo. Return on cash invested is 14.96% in year one, and rental yield stands at 6.18% on a $824,000 basis. Equity gained on principal adds $5,317/yr, and 5% annual appreciation accumulates to $227,656 by year five. Five-year ROI measures 76.75% and total cumulative return in cash reaches $208,063. For financing, Ziffy Mortgage’s DSCR program evaluates $4,247/mo property income against a $4,033/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.41 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TOM CHELEDNIK • RE/MAX 1st Advantage
Mls Name: Bright MLS
Mls ID: #PACB130958