23 Mill RdSelinsgrovePA17870
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 23 Mill Rd, Selinsgrove, PA, 17870 in Selinsgrove: $1,949/mo in rent, $770/mo net, 13% gross yield, all on a $179,900 acquisition. The 2.41 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $49,703 in value, and $1,657/yr in principal paydown steadily builds equity. Projected total cumulative return: $118,078.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.2% |
| Monthly Cash Flow | $770 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,949 |
| Total Monthly Debt Service | $1,107 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17870, Selinsgrove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 3,864 (66.1%) |
| Renter Occupied HU | 1,597 (27.3%) |
| Vacant Housing Units | 388 ( 6.6%) |
| Median Home Value | $268,065 |
| Average Home Value | $304,851 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,318
Multi-Family
116
Businesses
591
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
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17870, Selinsgrove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 3,864 (66.1%) |
| Renter Occupied HU | 1,597 (27.3%) |
| Vacant Housing Units | 388 ( 6.6%) |
| Median Home Value | $268,065 |
| Average Home Value | $304,851 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,318
Multi-Family
116
Businesses
591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Waltz • BOWEN AGENCY INC., REALTORS - LEWISBURG
Mls Name: CSVBOR
Mls ID: #20-98419
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.