755 Turnpike RdElizabethtownPA17022
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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 Elizabethtown at 755 Turnpike Rd, Elizabethtown, PA, 17022 listed at $237,900 pairs $1,872/mo rent with a $1,164/mo payment to leave $313/mo cash flow. Total monthly income runs $1,872/mo, and annual cash flow reaches $3,762/yr on $78,864 cash to close. Return on cash invested measures 24.68% in year one, and rental yield registers 9.44% at a $237,900 basis. Equity gained on principal adds $1,535/yr, and annual property appreciation at 5% supports $65,727 by year five. Five-year ROI tracks 128.93% and total cumulative return in cash totals $101,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,872/mo property income relative to a $1,164/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17022, Elizabethtown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,098 (100%) |
| Owner Occupied HU | 8,721 (66.6%) |
| Renter Occupied HU | 3,859 (29.5%) |
| Vacant Housing Units | 518 ( 4.0%) |
| Median Home Value | $337,041 |
| Average Home Value | $367,005 |
Housing Distribution
Address Breakdown
Residential
12,850
Single Family
11,580
Multi-Family
1,270
Businesses
646
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Listed by: RICHARD MINNITTE • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PALA2074078