300 Mill StMilesburgPA16853
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 300 Mill St, Milesburg, PA, 16853 in Milesburg: $1,652/mo in rent, $227/mo in net income, 9.12% gross yield, 1.69 DSCR, all at $217,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $60,091 in appreciation and $2,003/yr in principal paydown projects total cumulative return of $97,461.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $227 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,652 |
| Total Monthly Debt Service | $1,339 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1889
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16853, Milesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 213 (65.7%) |
| Renter Occupied HU | 80 (24.7%) |
| Vacant Housing Units | 31 ( 9.6%) |
| Median Home Value | $176,042 |
| Average Home Value | $256,725 |
Housing Distribution
Address Breakdown
Residential
7
Single Family
7
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1889
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16853, Milesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 213 (65.7%) |
| Renter Occupied HU | 80 (24.7%) |
| Vacant Housing Units | 31 ( 9.6%) |
| Median Home Value | $176,042 |
| Average Home Value | $256,725 |
Housing Distribution
Address Breakdown
Residential
7
Single Family
7
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Copenhaver • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2516010