601 Water 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 601 Water St, New Cumberland, PA, 17070 uses $62,952 cash to close to unlock $3,361/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $929/mo payment keeps the spread at $280/mo. Purchase price stands at $189,900, and rental yield measures 9.63% with $1,524/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 132.03% and total cumulative return in cash records $83,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,085 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: JUSTIN SMITH • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAYK2095158