24 Miller StStrasburgPA17579
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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 Strasburg at 24 Miller St, Strasburg, PA, 17579 offers $2,779/mo rent that, after a $2,154/mo payment. Total monthly income is $2,779/mo. Return on cash invested measures 19.05% in year one, and rental yield stands at 7.58% at a $439,995 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,563 by year five. Five-year ROI records 98.72% and total cumulative return in cash reaches $143,985. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,779/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17579, Strasburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,383 (100%) |
| Owner Occupied HU | 1,800 (75.5%) |
| Renter Occupied HU | 517 (21.7%) |
| Vacant Housing Units | 66 ( 2.8%) |
| Median Home Value | $372,557 |
| Average Home Value | $398,569 |
Housing Distribution
Address Breakdown
Residential
2,377
Single Family
2,364
Multi-Family
13
Businesses
176
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Listed by: Christopher Martin • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALA2080500