The Hershock Plan, CreeksideNew ProvidencePA17560
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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
Rental property for sale in New Providence at The Hershock Plan, Creekside, New Providence, PA, 17560 priced at $379,985 converts $2,622/mo rent into $77/mo cash flow after a $1,860/mo obligation. Total monthly income equals $2,622/mo, and annual cash flow totals $922/yr on $125,965 invested. Return on cash invested prints 20.64% in year one, and rental yield reads 8.28% against a $379,985 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,983 by year five. Five-year ROI reaches 107.44% and total cumulative return in cash sums $135,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,622/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17560, New Providence, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,698 (83.6%) |
| Renter Occupied HU | 278 (13.7%) |
| Vacant Housing Units | 56 ( 2.8%) |
| Median Home Value | $308,779 |
| Average Home Value | $334,388 |
Housing Distribution
Address Breakdown
Residential
2,035
Single Family
2,035
Multi-Family
0
Businesses
34
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Listed by: N/A • Kenneth Homes
Mls Name: Kenneth Homes
Mls ID: #N/A