719 Elkwood DrNew 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 719 Elkwood Dr, New Cumberland, PA, 17070 earns $697/mo cash flow from $2,336/mo rent with a $1,224/mo payment. Total monthly income totals $2,336/mo, and annual cash flow totals $8,369/yr on $82,875 capital. ROI tracks 30.01% on current figures, and rental yield reads 11.21% at a $249,999 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 157.51% and total cumulative return in cash sums $130,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,336/mo property income instead of your personal income.
Single Family
Built in 1956
0.25 Acres 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: Nathan Krotzer • RE/MAX Pinnacle
Mls Name: Bright MLS
Mls ID: #PACB2047290