127 Plank RdMorrisPA16938
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 Morris at 127 Plank Rd, Morris, PA, 16938 offers a 13.21% rental yield on a $111,680 purchase with $1,229/mo rent. Total monthly income registers $1,229/mo, and a $547/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,962/yr on $37,022 to close, and return on cash invested stands at 36.01% in year one. Equity gained on principal adds $721/yr while 5% annual appreciation supports $30,855 over five years. Portfolio math shows five-year ROI at 189.71% and total cumulative return in cash at $70,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,229/mo property income against a $547/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16938, Morris, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 256 (36.2%) |
| Renter Occupied HU | 40 ( 5.7%) |
| Vacant Housing Units | 411 (58.1%) |
| Median Home Value | $176,923 |
| Average Home Value | $217,451 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A