1898 Thompson RdNeedmorePA17238
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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 Needmore at 1898 Thompson Rd, Needmore, PA, 17238 uses $57,980 cash to close to unlock $4,607/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $856/mo payment keeps the spread at $384/mo. Purchase price stands at $174,901, and rental yield measures 10.5% with $1,530/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 145.93% and total cumulative return in cash records $84,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17238, Needmore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 600 (70.8%) |
| Renter Occupied HU | 152 (17.9%) |
| Vacant Housing Units | 96 (11.3%) |
| Median Home Value | $256,173 |
| Average Home Value | $304,954 |
Housing Distribution
Address Breakdown
Residential
756
Single Family
756
Multi-Family
0
Businesses
33
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Listed by: Joan McLernon • Real Estate Innovations
Mls Name: Bright MLS
Mls ID: #PAFU2001776