202 Village LnNew 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
Rental property for sale in New Wilmington at 202 Village Ln, New Wilmington, PA, 16142 priced at $277,000 converts $1,506/mo rent into after a $1,356/mo obligation. Total monthly income equals $1,506/mo. Return on cash invested prints 15.87% in year one, and rental yield reads 6.52% against a $277,000 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation compiles into $76,530 by year five. Five-year ROI reaches 81.65% and total cumulative return in cash sums $74,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $1,356/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.35 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: Ryan Bibza • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706851
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.