1049 S Forge RdPalmyraPA17078
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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 Palmyra at 1049 S Forge Rd, Palmyra, PA, 17078 offers $1,902/mo rent that, after a $1,463/mo payment. Total monthly income is $1,902/mo. Return on cash invested measures 19.22% in year one, and rental yield stands at 7.64% at a $298,900 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,581 by year five. Five-year ROI records 99.67% and total cumulative return in cash reaches $98,763. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,902/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17078, Palmyra, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,220 (100%) |
| Owner Occupied HU | 7,158 (70.0%) |
| Renter Occupied HU | 2,688 (26.3%) |
| Vacant Housing Units | 374 ( 3.7%) |
| Median Home Value | $336,535 |
| Average Home Value | $356,398 |
Housing Distribution
Address Breakdown
Residential
9,775
Single Family
9,149
Multi-Family
626
Businesses
433
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Listed by: N/A • N/A
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