2 E New Market StFreeburgPA17827
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
Rental property for sale in Freeburg at 2 E New Market St, Freeburg, PA, 17827 priced at $269,900 converts $1,979/mo rent into $210/mo cash flow after a $1,321/mo obligation. Total monthly income equals $1,979/mo, and annual cash flow totals $2,525/yr on $89,472 invested. Return on cash invested prints 22.73% in year one, and rental yield reads 8.8% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 118.47% and total cumulative return in cash sums $106,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17827, Freeburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 209 (67.0%) |
| Renter Occupied HU | 73 (23.4%) |
| Vacant Housing Units | 30 ( 9.6%) |
| Median Home Value | $210,106 |
| Average Home Value | $230,849 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
20
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Listed by: AUDREY CONRAD • Jack Gaughen Network Services Hower & Associates
Mls Name: Bright MLS
Mls ID: #PASY2002564