318 Spruce Ln #3LO3T8Cranberry 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 318 Spruce Ln #3LO3T8, Cranberry Township, PA, 16066 listed at $853,100 pairs $5,191/mo rent with a $4,176/mo payment. Total monthly income runs $5,191/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 7.3% at a $853,100 basis. Equity gained on principal adds $5,505/yr, and annual property appreciation at 5% supports $235,696 by year five. Five-year ROI tracks 94.97% and total cumulative return in cash totals $266,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,191/mo property income relative to a $4,176/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
N/A 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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