244 Miller RdAkronPA17501
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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 Akron at 244 Miller Rd, Akron, PA, 17501 offers $2,527/mo rent that, after a $2,006/mo payment. Total monthly income is $2,527/mo. Return on cash invested measures 18.51% in year one, and rental yield stands at 7.4% at a $409,900 entry. Equity gained on principal adds $2,645/yr while 5% annual appreciation compounds into $113,248 by year five. Five-year ROI records 95.82% and total cumulative return in cash reaches $130,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,527/mo property income versus a $2,006/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17501, Akron, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,332 (64.6%) |
| Renter Occupied HU | 686 (33.3%) |
| Vacant Housing Units | 44 ( 2.1%) |
| Median Home Value | $280,298 |
| Average Home Value | $331,075 |
Housing Distribution
Address Breakdown
Residential
1,974
Single Family
1,965
Multi-Family
9
Businesses
151
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Listed by: Nathan Barshinger • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PALA2078272