1975 Mercer New Wilmington RdNew WilmingtonPA16142
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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 New Wilmington at 1975 Mercer New Wilmington Rd, New Wilmington, PA, 16142 earns from $2,743/mo rent with a $2,203/mo payment. Total monthly income totals $2,743/mo. ROI tracks 18.25% on current figures, and rental yield reads 7.31% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 94.42% and total cumulative return in cash sums $140,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,743/mo property income instead of your personal income.
Multi Family
Built in 1950
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16142, New Wilmington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,705 (70.2%) |
| Renter Occupied HU | 503 (20.7%) |
| Vacant Housing Units | 222 ( 9.1%) |
| Median Home Value | $269,459 |
| Average Home Value | $344,949 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,052
Multi-Family
130
Businesses
156
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Listed by: Karen Coulter • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls ID: #1715070