408 Carolle StGreencastlePA17225
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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 Greencastle at 408 Carolle St, Greencastle, PA, 17225 offers a 8.44% rental yield on a $384,900 purchase with $2,707/mo rent. Total monthly income registers $2,707/mo, and a $1,884/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,216/yr on $127,594 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,341 over five years. Portfolio math shows five-year ROI at 112.63% and total cumulative return in cash at $143,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,707/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17225, Greencastle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,283 (100%) |
| Owner Occupied HU | 6,235 (75.3%) |
| Renter Occupied HU | 1,634 (19.7%) |
| Vacant Housing Units | 414 ( 5.0%) |
| Median Home Value | $319,401 |
| Average Home Value | $364,812 |
Housing Distribution
Address Breakdown
Residential
8,019
Single Family
7,919
Multi-Family
100
Businesses
471
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Listed by: Jay Starr • RE/MAX 1st Advantage
Mls Name: Bright MLS
Mls ID: #PAFL2032120