REDMAN 28 Forest Park Village Plan, Forest Park VillageCranberry TownshipPA16066
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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
Rental property for sale in Cranberry Township at REDMAN 28 Forest Park Village Plan, Forest Park Village, Cranberry Township, PA, 16066 priced at $174,900 converts $1,353/mo rent into $207/mo cash flow after a $856/mo obligation. Total monthly income equals $1,353/mo, and annual cash flow totals $2,483/yr on $57,979 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 9.28% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 126.27% and total cumulative return in cash sums $73,212. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,353/mo property income covering a $856/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16066, Cranberry Twp, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,568 (100%) |
| Owner Occupied HU | 10,258 (70.4%) |
| Renter Occupied HU | 3,577 (24.6%) |
| Vacant Housing Units | 733 ( 5.0%) |
| Median Home Value | $437,265 |
| Average Home Value | $480,279 |
Housing Distribution
Address Breakdown
Residential
14,435
Single Family
12,869
Multi-Family
1,566
Businesses
1,433
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Listed by: Nancy Kasenic • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A