106 Velma LnWashington BoroPA17582
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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 Washington Boro at 106 Velma Ln, Washington Boro, PA, 17582 priced at $375,000 pairs $2,065/mo rent with after a $1,835/mo payment. Total monthly income equals $2,065/mo. Return on cash invested is 16.13% in year one, and rental yield stands at 6.61% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 83.07% and total cumulative return in cash reaches $103,263. For financing, Ziffy Mortgage’s DSCR program evaluates $2,065/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17582, Washington Boro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 689 (81.9%) |
| Renter Occupied HU | 123 (14.6%) |
| Vacant Housing Units | 29 ( 3.4%) |
| Median Home Value | $372,526 |
| Average Home Value | $461,680 |
Housing Distribution
Address Breakdown
Residential
759
Single Family
759
Multi-Family
0
Businesses
27
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Listed by: Andy Esbenshade • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PALA2080712