224 Fairview RdMidlandPA15059
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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 Midland at 224 Fairview Rd, Midland, PA, 15059 priced at $189,900 pairs $1,631/mo rent with $387/mo cash flow after a $929/mo payment. Total monthly income equals $1,631/mo, and annual cash flow comes to $4,645/yr on $62,952 invested. Return on cash invested is 27.29% in year one, and rental yield stands at 10.31% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 142.96% and total cumulative return in cash reaches $89,993. For financing, Ziffy Mortgage’s DSCR program evaluates $1,631/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15059, Midland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,053 (52.4%) |
| Renter Occupied HU | 665 (33.1%) |
| Vacant Housing Units | 291 (14.5%) |
| Median Home Value | $168,527 |
| Average Home Value | $203,348 |
Housing Distribution
Address Breakdown
Residential
1,765
Single Family
1,689
Multi-Family
76
Businesses
95
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Listed by: Brenda Petkunas • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1707802
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.