989 Ashton DrShippensburgPA17257
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 Shippensburg at 989 Ashton Dr, Shippensburg, PA, 17257 earns from $1,489/mo rent with a $1,273/mo payment. Total monthly income totals $1,489/mo. ROI tracks 16.91% on current figures, and rental yield reads 6.87% at a $259,995 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,832 over five years. Five-year ROI reaches 87.26% and total cumulative return in cash sums $75,208. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,489/mo property income instead of your personal income.
Single Family
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17257, Shippensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,794 (100%) |
| Owner Occupied HU | 7,371 (62.5%) |
| Renter Occupied HU | 3,535 (30.0%) |
| Vacant Housing Units | 888 ( 7.5%) |
| Median Home Value | $265,947 |
| Average Home Value | $316,063 |
Housing Distribution
Address Breakdown
Residential
11,031
Single Family
10,683
Multi-Family
348
Businesses
573
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Listed by: Mike Kushla • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PAFL2029810