521 W King St APT HShippensburgPA17257
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
Investment Highlights
Investment property for sale in Shippensburg at 521 W King St APT H, Shippensburg, PA, 17257 with 5% annual appreciation on a $135,000 basis while $1,126/mo rent supports operations. Total monthly income totals $1,126/mo and a $661/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,893/yr on $44,753 deployed, and return on cash invested reaches 26.37% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 10.01%. Five-year ROI measures 138.07% and total cumulative return in cash totals $61,789.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,126/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1983
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: BRYCE BARNES • Coldwell Banker Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAFL2022476