515 Park AveNew CumberlandPA17070
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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
Rental property for sale in New Cumberland at 515 Park Ave, New Cumberland, PA, 17070 priced at $299,000 pairs $2,008/mo rent with $49/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,008/mo, and annual cash flow comes to $590/yr on $99,119 invested. Return on cash invested is 20.5% in year one, and rental yield stands at 8.06% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 106.54% and total cumulative return in cash reaches $105,598. For financing, Ziffy Mortgage’s DSCR program evaluates $2,008/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
9,148 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: Amanda Sachs • Midtown Property Management
Mls Name: Bright MLS
Mls ID: #PACB2043940