303 North AveMidwayPA15060
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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
Investment property for sale in Midway at 303 North Ave, Midway, PA, 15060 uses $74,554 cash to close to unlock $2,304/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,666/mo, and a $1,101/mo payment keeps the spread at $192/mo. Purchase price stands at $224,900, and rental yield measures 8.89% with $1,666/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 119.96% and total cumulative return in cash records $89,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,666/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1880
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15060, Midway, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 297 (70.5%) |
| Renter Occupied HU | 71 (16.9%) |
| Vacant Housing Units | 53 (12.6%) |
| Median Home Value | $174,107 |
| Average Home Value | $222,037 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Laura Tokarski • RE/MAX HOME CENTER
Mls Name: WPMLS
Mls Provider:
Mls ID: #1718137
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.