305 W Main StNew BloomfieldPA17068
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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 New Bloomfield at 305 W Main St, New Bloomfield, PA, 17068 offers $1,392/mo rent that, after a $1,222/mo payment. Total monthly income is $1,392/mo. Return on cash invested measures 16.37% in year one, and rental yield stands at 6.69% at a $249,600 entry. Equity gained on principal adds $1,611/yr while 5% annual appreciation compounds into $68,960 by year five. Five-year ROI records 84.4% and total cumulative return in cash reaches $69,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,392/mo property income versus a $1,222/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17068, New Bloomfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,733 (100%) |
| Owner Occupied HU | 1,317 (76.0%) |
| Renter Occupied HU | 289 (16.7%) |
| Vacant Housing Units | 127 ( 7.3%) |
| Median Home Value | $241,823 |
| Average Home Value | $278,235 |
Housing Distribution
Address Breakdown
Residential
1,498
Single Family
1,498
Multi-Family
0
Businesses
130
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Listed by: HEATHER ULSH • Green Acres Realty Company.
Mls Name: Bright MLS
Mls ID: #PAPY2008810