120 Wayne AveMiddletownPA17057
Nearby investment properties with comparable rents
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
Investment property for sale in Middletown at 120 Wayne Ave, Middletown, PA, 17057 offers a 9.51% rental yield on a $125,000 purchase with $991/mo rent. Total monthly income registers $991/mo, and a $612/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,061/yr on $41,438 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 130.04% and total cumulative return in cash at $53,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $991/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17057, Middletown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,467 (100%) |
| Owner Occupied HU | 6,273 (59.9%) |
| Renter Occupied HU | 3,418 (32.7%) |
| Vacant Housing Units | 776 ( 7.4%) |
| Median Home Value | $224,159 |
| Average Home Value | $278,018 |
Housing Distribution
Address Breakdown
Residential
9,547
Single Family
8,636
Multi-Family
911
Businesses
550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Zecher • Keller Williams Elite
Mls Name: Bright MLS
Mls ID: #PADA2050346