235 Locust DrMilfordPA18337
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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
Investment property for sale in Milford at 235 Locust Dr, Milford, PA, 18337 uses $95,804 cash to close to unlock $993/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,977/mo, and a $1,415/mo payment keeps the spread at $83/mo. Purchase price stands at $289,000, and rental yield measures 8.21% with $1,977/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 108.89% and total cumulative return in cash records $104,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,977/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18337, Milford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,535 (100%) |
| Owner Occupied HU | 5,653 (66.2%) |
| Renter Occupied HU | 983 (11.5%) |
| Vacant Housing Units | 1,899 (22.2%) |
| Median Home Value | $314,200 |
| Average Home Value | $344,360 |
Housing Distribution
Address Breakdown
Residential
6,840
Single Family
6,791
Multi-Family
49
Businesses
563
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Listed by: Daniela R. Maruca • Coldwell Banker Real Estate Services, LLC
Mls Name: PMAR
Mls ID: #PM-134943