971 Connell StMechanicsburgPA17055
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
Investment property for sale in Mechanicsburg at 971 Connell St, Mechanicsburg, PA, 17055 listed at $605,000 pairs $3,369/mo rent with a $2,961/mo payment. Total monthly income runs $3,369/mo. Return on cash invested measures 16.47% in year one, and rental yield registers 6.68% at a $605,000 basis. Equity gained on principal adds $3,904/yr, and annual property appreciation at 5% supports $167,150 by year five. Five-year ROI tracks 84.85% and total cumulative return in cash totals $168,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,369/mo property income relative to a $2,961/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17055, Mechanicsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,091 (100%) |
| Owner Occupied HU | 12,521 (65.6%) |
| Renter Occupied HU | 5,868 (30.7%) |
| Vacant Housing Units | 702 ( 3.7%) |
| Median Home Value | $334,021 |
| Average Home Value | $374,100 |
Housing Distribution
Address Breakdown
Residential
19,021
Single Family
17,924
Multi-Family
1,097
Businesses
1,327
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Listed by: Tommy Long • Howard Hanna Krall Real Estate
Mls Name: Bright MLS
Mls ID: #PACB2045030