595 New RdOrrtannaPA17353
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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
Rental property for sale in Orrtanna at 595 New Rd, Orrtanna, PA, 17353 priced at $229,000 converts $1,592/mo rent into $91/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,592/mo, and annual cash flow totals $1,095/yr on $75,914 invested. Return on cash invested prints 21.35% in year one, and rental yield reads 8.34% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 111.1% and total cumulative return in cash sums $84,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,592/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1907
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17353, Orrtanna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,613 (100%) |
| Owner Occupied HU | 1,139 (70.6%) |
| Renter Occupied HU | 215 (13.3%) |
| Vacant Housing Units | 259 (16.1%) |
| Median Home Value | $300,667 |
| Average Home Value | $339,179 |
Housing Distribution
Address Breakdown
Residential
1,341
Single Family
1,341
Multi-Family
0
Businesses
12
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Listed by: Michael Cherry • RE/MAX of Gettysburg
Mls Name: Bright MLS
Mls ID: #PAAD2021344