29475 Route 220MilanPA18831
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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 Milan at 29475 Route 220, Milan, PA, 18831 generates $1,529/mo in rent and, after a $974/mo payment, leaves $225/mo in cash flow. Total monthly income is $1,529/mo, and annual cash flow is $2,700/yr on $65,969 invested. Return on cash invested sits at 24% in year one, and rental yield is 9.22% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 125.27% and total cumulative return in cash sums $82,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,529/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18831, Milan, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 365 (67.2%) |
| Renter Occupied HU | 93 (17.1%) |
| Vacant Housing Units | 85 (15.7%) |
| Median Home Value | $244,141 |
| Average Home Value | $269,267 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
14
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Listed by: Andrea Gentile • Coldwell Banker Preferred Properties - Sayre
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31723004