48 Michael CtShippensburgPA17257
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow48 Michael Ct, Shippensburg, PA, 17257 in Shippensburg earns its strong cash-flow label: 10.75% yield, $1,898/mo rent, $509/mo net income, DSCR 1.99. The $212,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $58,572 by year five. Combined with $1,953/yr in principal paydown, total projected return reaches $113,499.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $509 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,898 |
| Total Monthly Debt Service | $1,305 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2019
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
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
Manufactured
Built in 2019
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Burkholder • JAK Real Estate
Mls Name: Bright MLS
Mls ID: #PACB2047656