117 Turnpike StMilesburgPA16853
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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 Milesburg at 117 Turnpike St, Milesburg, PA, 16853 priced at $189,000 converts $1,862/mo rent into $624/mo cash flow after a $925/mo obligation. Total monthly income equals $1,862/mo, and annual cash flow totals $7,483/yr on $62,654 invested. Return on cash invested prints 31.85% in year one, and rental yield reads 11.82% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 167.39% and total cumulative return in cash sums $104,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,862/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1910
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16853, Milesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 213 (65.7%) |
| Renter Occupied HU | 80 (24.7%) |
| Vacant Housing Units | 31 ( 9.6%) |
| Median Home Value | $176,042 |
| Average Home Value | $256,725 |
Housing Distribution
Address Breakdown
Residential
7
Single Family
7
Multi-Family
0
Businesses
88
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Listed by: Mandy Regel • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PACE2516110