978-980 Scotland AveChambersburgPA17201
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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 Chambersburg at 978-980 Scotland Ave, Chambersburg, PA, 17201 listed at $185,000 pairs $1,920/mo rent with a $905/mo payment to leave $708/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $8,499/yr on $61,328 cash to close. Return on cash invested measures 33.77% in year one, and rental yield registers 12.45% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 177.69% and total cumulative return in cash totals $108,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17201, Chambersburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,931 (100%) |
| Owner Occupied HU | 6,439 (49.8%) |
| Renter Occupied HU | 5,549 (42.9%) |
| Vacant Housing Units | 943 ( 7.3%) |
| Median Home Value | $248,049 |
| Average Home Value | $303,856 |
Housing Distribution
Address Breakdown
Residential
12,289
Single Family
11,562
Multi-Family
727
Businesses
1,342
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Listed by: Nicole Scott • RE/MAX Realty Agency, Inc.
Mls Name: Bright MLS
Mls ID: #PAFL2028316