3470 Knob Ridge RdMilroyPA17063
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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 Milroy at 3470 Knob Ridge Rd, Milroy, PA, 17063 priced at $399,990 converts $1,582/mo rent into after a $1,958/mo obligation. Total monthly income equals $1,582/mo. Return on cash invested prints 10.5% in year one, and rental yield reads 4.75% against a $399,990 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,510 by year five. Five-year ROI reaches 52.88% and total cumulative return in cash sums $70,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,582/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2012
46.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17063, Milroy, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,760 (100%) |
| Owner Occupied HU | 1,120 (63.6%) |
| Renter Occupied HU | 275 (15.6%) |
| Vacant Housing Units | 365 (20.7%) |
| Median Home Value | $158,979 |
| Average Home Value | $203,750 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
65
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Listed by: Levi Rentzel • WHITETAIL PROPERTIES REAL ESTATE LLC (PA)
Mls Name: My State MLS
Mls ID: #11273949