223 & 227 Old Mill RdApolloPA15613
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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 Apollo at 223 & 227 Old Mill Rd, Apollo, PA, 15613 generates $2,620/mo in rent and, after a $1,708/mo payment, leaves $333/mo in cash flow. Total monthly income is $2,620/mo, and annual cash flow is $3,999/yr on $115,694 invested. Return on cash invested sits at 23.37% in year one, and rental yield is 9.01% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash sums $141,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,620/mo property income rather than buyer’s personal income.
Multi Family
Built in 1959
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15613, Apollo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,227 (100%) |
| Owner Occupied HU | 4,763 (76.5%) |
| Renter Occupied HU | 1,031 (16.6%) |
| Vacant Housing Units | 433 ( 7.0%) |
| Median Home Value | $229,848 |
| Average Home Value | $275,216 |
Housing Distribution
Address Breakdown
Residential
5,952
Single Family
5,941
Multi-Family
11
Businesses
276
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Listed by: Michelle Miller • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls Provider:
Mls ID: #1672494
Disclaimer: IDX 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.