29 Memorial BlvdNewmanstownPA17073
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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 Newmanstown at 29 Memorial Blvd, Newmanstown, PA, 17073 priced at $229,900 pairs $1,648/mo rent with $142/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,648/mo, and annual cash flow comes to $1,701/yr on $76,212 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.6% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 115.29% and total cumulative return in cash reaches $87,863. For financing, Ziffy Mortgage’s DSCR program evaluates $1,648/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
9,583 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
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Listed by: Ashley Uhler • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #PALN2024034