228 N State StMillvillePA17846
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 Millville at 228 N State St, Millville, PA, 17846 offers $2,408/mo rent that, after a $570/mo payment, leaves $1,645/mo cash flow. Total monthly income is $2,408/mo, and annual cash flow is $19,738/yr on $38,620 cash. Return on cash invested measures 71.02% in year one, and rental yield stands at 24.8% at a $116,500 entry. Equity gained on principal adds $752/yr while 5% annual appreciation compounds into $32,187 by year five. Five-year ROI records 377.4% and total cumulative return in cash reaches $145,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,408/mo property income versus a $570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17846, Millville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,620 (100%) |
| Owner Occupied HU | 1,120 (69.1%) |
| Renter Occupied HU | 313 (19.3%) |
| Vacant Housing Units | 187 (11.5%) |
| Median Home Value | $254,830 |
| Average Home Value | $290,431 |
Housing Distribution
Address Breakdown
Residential
1,301
Single Family
1,301
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A