289 Cornfield CirLewistownPA17044
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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 Lewistown at 289 Cornfield Cir, Lewistown, PA, 17044 offers $2,956/mo rent that, after a $1,664/mo payment, leaves $728/mo cash flow. Total monthly income is $2,956/mo, and annual cash flow is $8,740/yr on $112,677 cash. Return on cash invested measures 27.67% in year one, and rental yield stands at 10.44% at a $339,900 entry. Equity gained on principal adds $2,193/yr while 5% annual appreciation compounds into $93,908 by year five. Five-year ROI records 144.93% and total cumulative return in cash reaches $163,307. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,956/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17044, Lewistown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,159 (100%) |
| Owner Occupied HU | 5,762 (56.7%) |
| Renter Occupied HU | 3,228 (31.8%) |
| Vacant Housing Units | 1,169 (11.5%) |
| Median Home Value | $143,600 |
| Average Home Value | $176,008 |
Housing Distribution
Address Breakdown
Residential
9,525
Single Family
9,095
Multi-Family
430
Businesses
670
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Listed by: SUSAN KLINGER • Jack Gaughen Network Services Hower & Associates
Mls Name: Bright MLS
Mls ID: #PAMF2052042