340 Knollwood RdMillersvillePA17551
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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 Millersville at 340 Knollwood Rd, Millersville, PA, 17551 offers $2,424/mo rent that, after a $1,419/mo payment, leaves $524/mo cash flow. Total monthly income is $2,424/mo, and annual cash flow is $6,291/yr on $96,102 cash. Return on cash invested measures 26.46% in year one, and rental yield stands at 10.03% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 138.47% and total cumulative return in cash reaches $133,077. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,424/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17551, Millersville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,053 (100%) |
| Owner Occupied HU | 2,537 (62.6%) |
| Renter Occupied HU | 1,268 (31.3%) |
| Vacant Housing Units | 248 ( 6.1%) |
| Median Home Value | $350,247 |
| Average Home Value | $393,222 |
Housing Distribution
Address Breakdown
Residential
3,796
Single Family
3,497
Multi-Family
299
Businesses
167
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Listed by: John MacDonald • Core Partners Realty LLC
Mls Name: Bright MLS
Mls ID: #PALA2076164