1742 State Route 848New MilfordPA18834
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 New Milford at 1742 State Route 848, New Milford, PA, 18834 listed at $825,000 pairs $1,020/mo rent with a $4,038/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 0.67% in year one, and rental yield registers 1.48% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 0.11% and total cumulative return in cash totals $297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18834, New Milford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,088 (58.6%) |
| Renter Occupied HU | 269 (14.5%) |
| Vacant Housing Units | 501 (27.0%) |
| Median Home Value | $249,747 |
| Average Home Value | $296,606 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,309
Multi-Family
24
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janine Marie Senofonte • Revolve Real Estate
Mls Name: GSBR
Mls ID: #SC253009