413 16th StNew CumberlandPA17070
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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 New Cumberland at 413 16th St, New Cumberland, PA, 17070 offers a 7.54% rental yield on a $297,500 purchase with $1,869/mo rent. 93% in year one. Equity gained on principal adds $1,920/yr while 5% annual appreciation supports $82,194 over five years. Portfolio math shows five-year ROI at 98.08% and total cumulative return in cash at $96,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,869/mo property income against a $1,456/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17070, New Cumberland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 5,646 (73.5%) |
| Renter Occupied HU | 1,748 (22.7%) |
| Vacant Housing Units | 290 ( 3.8%) |
| Median Home Value | $297,229 |
| Average Home Value | $351,979 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,169
Multi-Family
178
Businesses
448
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Listed by: James Grandon • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PACB2048010