615 Stockton RdgCranberry TownshipPA16066
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
Rental property for sale in Cranberry Township at 615 Stockton Rdg, Cranberry Township, PA, 16066 offers $1,600/mo rent that, after a $1,150/mo payment, leaves $60/mo cash flow. Total monthly income is $1,600/mo, and annual cash flow is $723/yr on $77,903 cash. Return on cash invested measures 20.84% in year one, and rental yield stands at 8.17% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 108.34% and total cumulative return in cash reaches $84,400. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,600/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16066, Cranberry Twp, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,568 (100%) |
| Owner Occupied HU | 10,258 (70.4%) |
| Renter Occupied HU | 3,577 (24.6%) |
| Vacant Housing Units | 733 ( 5.0%) |
| Median Home Value | $437,265 |
| Average Home Value | $480,279 |
Housing Distribution
Address Breakdown
Residential
14,435
Single Family
12,869
Multi-Family
1,566
Businesses
1,433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcia Maher • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1731723