24 Cottage LnNewmanstownPA17073
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
Investment property for sale in Newmanstown at 24 Cottage Ln, Newmanstown, PA, 17073 listed at $290,000 pairs $2,432/mo rent with a $1,419/mo payment to leave $532/mo cash flow. Total monthly income runs $2,432/mo, and annual cash flow reaches $6,385/yr on $96,135 cash to close. Return on cash invested measures 26.55% in year one, and rental yield registers 10.06% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 138.97% and total cumulative return in cash totals $133,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,432/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17073, Newmanstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,857 (80.5%) |
| Renter Occupied HU | 338 (14.6%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $291,406 |
| Average Home Value | $425,424 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Miller • NextHome Legacy Real Estate
Mls Name: Bright MLS
Mls ID: #PALN2022382