16 Mill AveBangorPA18013
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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
Investment property for sale in Bangor at 16 Mill Ave, Bangor, PA, 18013 earns $413/mo cash flow from $1,690/mo rent with a $954/mo payment. Total monthly income totals $1,690/mo, and annual cash flow totals $4,951/yr on $64,643 capital. ROI tracks 27.57% on current figures, and rental yield reads 10.4% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 144.4% and total cumulative return in cash sums $93,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,690/mo property income instead of your personal income.
Single Family
Built in 1900
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18013, Bangor, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,651 (100%) |
| Owner Occupied HU | 5,365 (70.1%) |
| Renter Occupied HU | 1,793 (23.4%) |
| Vacant Housing Units | 493 ( 6.4%) |
| Median Home Value | $336,344 |
| Average Home Value | $406,523 |
Housing Distribution
Address Breakdown
Residential
7,488
Single Family
7,174
Multi-Family
314
Businesses
370
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Listed by: Nick Smith • Coldwell Banker Hearthside
Mls Name: GLVR
Mls ID: #764541