379 Elder StChambersburgPA17201
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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
Rental property for sale in Chambersburg at 379 Elder St, Chambersburg, PA, 17201 generates $1,679/mo in rent and, after a $1,077/mo payment, leaves $237/mo in cash flow. Total monthly income is $1,679/mo, and annual cash flow is $2,846/yr on $72,930 invested. Return on cash invested sits at 23.81% in year one, and rental yield is 9.16% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 124.33% and total cumulative return in cash sums $90,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,679/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17201, Chambersburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,931 (100%) |
| Owner Occupied HU | 6,439 (49.8%) |
| Renter Occupied HU | 5,549 (42.9%) |
| Vacant Housing Units | 943 ( 7.3%) |
| Median Home Value | $248,049 |
| Average Home Value | $303,856 |
Housing Distribution
Address Breakdown
Residential
12,289
Single Family
11,562
Multi-Family
727
Businesses
1,342
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Listed by: DAVID HOOKE • Keller Williams of Central PA
Mls Name: Bright MLS
Mls ID: #PAFL2028282