33 Lantern LnShippensburgPA17257
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
Investment property for sale in Shippensburg at 33 Lantern Ln, Shippensburg, PA, 17257 at $218,000 posts ROI 25.75% with $351/mo cash flow from $1,780/mo rent. Total monthly income equals $1,780/mo, and annual cash flow records $4,218/yr on $72,267 to close. Return on cash invested measures 25.75% and rental yield reads 9.8% at the current $218,000. Equity gained on principal adds $1,407/yr, and 5% annual appreciation supports $60,229 by year five. Five-year ROI prints 134.66% and total cumulative return in cash totals $97,315.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
N/A 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: STEVEN GIBB • Keller Williams of Central PA
Mls Name: Bright MLS
Mls ID: #PACB2048428