2711 Mill RdGranthamPA17027
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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 Grantham at 2711 Mill Rd, Grantham, PA, 17027 generates $1,392/mo in rent and, after a $1,003/mo payment, leaves $49/mo in cash flow. Total monthly income is $1,392/mo, and annual cash flow is $588/yr on $67,958 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.15% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 108.02% and total cumulative return in cash sums $73,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,392/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17027, Grantham, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 116 (100%) |
| Owner Occupied HU | 14 (12.1%) |
| Renter Occupied HU | 19 (16.4%) |
| Vacant Housing Units | 83 (71.6%) |
| Median Home Value | $250,000 |
| Average Home Value | $535,536 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: JOY DANIELS • Joy Daniels Real Estate Group, Ltd
Mls Name: Bright MLS
Mls ID: #PACB2050212