356 Landis AveMillersvillePA17551
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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 356 Landis Ave, Millersville, PA, 17551 priced at $355,000 pairs $2,090/mo rent with after a $1,738/mo payment. Total monthly income equals $2,090/mo. Return on cash invested is 17.5% in year one, and rental yield stands at 7.06% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 90.4% and total cumulative return in cash reaches $106,380. For financing, Ziffy Mortgage’s DSCR program evaluates $2,090/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.29 Acres 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: Gil Lyons Jr • RE/MAX Pinnacle
Mls Name: Bright MLS
Mls ID: #PALA2073996