193 Mill House DrLincoln UniversityPA19352








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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 Lincoln University at 193 Mill House Dr, Lincoln University, PA, 19352 listed at $699,900 pairs $6,359/mo rent with a $3,426/mo payment to leave $1,727/mo cash flow. Total monthly income runs $6,359/mo, and annual cash flow reaches $20,728/yr on $230,267 cash to close. Return on cash invested measures 29.06% in year one, and rental yield registers 10.9% at a $699,900 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,369 by year five. Five-year ROI tracks 152.47% and total cumulative return in cash totals $351,080. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,359/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.44 Acres lot
$N/A/sqft
$400 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19352, Lincoln University, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 2,623 (89.1%) |
| Renter Occupied HU | 218 ( 7.4%) |
| Vacant Housing Units | 104 ( 3.5%) |
| Median Home Value | $500,466 |
| Average Home Value | $556,872 |
Housing Distribution
Address Breakdown
Residential
2,800
Single Family
2,800
Multi-Family
0
Businesses
39
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Price change | $699,900 |
| 2024-10-31 | Price change | $715,000 |
| 2024-10-09 | Listed for sale | $735,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-12 | $10569.95 | 1.25% | $260,980 | N/A |
| 2023-01-12 | $10439.46 | 0.88% | $260,980 | N/A |
| 2022-01-12 | $10348.12 | 1.48% | $260,980 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2017
- Architectural Style: Colonial
- Building Area: N/A
- Living Area: 5,190 sqft
- Property Condition: Excellent
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central A/C, Electric
- Flooring: Wood, Fully Carpeted, Vinyl, Tile/Brick
- Interior Features: Kitchen Island, Eat-in Kitchen, 9'+ Ceilings
- Exterior Features: N/A
- Parking Features: Inside Entrance, Attached Garage, Other
Location
- City: Lincoln University
- State: PA
- Subdivision: Wheatland Farms
- Lot Size: 0.44 Acres
- Lot Features: Front Yard, Rear Yard, SideYard(s)
- View: N/A
HOA & Fees
- HOA Fee: $400 annually
- Association Fee: $400 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Common Area Maintenance
Utilities
- Utilities: Cable Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: Avon Grove
Listed by: Laura Kaplan • Coldwell Banker Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PACT2075948
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