323 Fairview RdNew ProvidencePA17560
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
Investment Highlights
Rental property for sale in New Providence at 323 Fairview Rd, New Providence, PA, 17560 generates $1,392/mo in rent and, after a $979/mo payment, leaves $81/mo in cash flow. Total monthly income is $1,392/mo, and annual cash flow is $976/yr on $66,300 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 8.35% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash sums $73,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17560, New Providence, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,698 (83.6%) |
| Renter Occupied HU | 278 (13.7%) |
| Vacant Housing Units | 56 ( 2.8%) |
| Median Home Value | $308,779 |
| Average Home Value | $334,388 |
Housing Distribution
Address Breakdown
Residential
2,035
Single Family
2,035
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kore Fisher • Fisher Realty
Mls Name: Bright MLS
Mls ID: #PALA2081144