220 W Main StNewmanstownPA17073
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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 Newmanstown at 220 W Main St, Newmanstown, PA, 17073 generates $1,959/mo in rent, after a $1,591/mo payment. Total monthly income is $1,959/mo. Return on cash invested sits at 18% in year one, and rental yield is 7.23% on a $324,995 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,790 over five years. Five-year ROI reaches 93.16% and total cumulative return in cash sums $100,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,959/mo property income rather than buyer’s personal income.
Single Family
Built in 1911
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17073, Newmanstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,857 (80.5%) |
| Renter Occupied HU | 338 (14.6%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $291,406 |
| Average Home Value | $425,424 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
58
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Listed by: Donna J. Gasper • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls ID: #768796