356 Market StMillersburgPA17061
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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 Millersburg at 356 Market St, Millersburg, PA, 17061 offers $1,850/mo rent that, after a $832/mo payment, leaves $736/mo cash flow. Total monthly income is $1,850/mo, and annual cash flow is $8,835/yr on $56,322 cash. Return on cash invested measures 35.6% in year one, and rental yield stands at 13.07% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 187.52% and total cumulative return in cash reaches $105,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,850/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17061, Millersburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 2,039 (63.9%) |
| Renter Occupied HU | 906 (28.4%) |
| Vacant Housing Units | 247 ( 7.7%) |
| Median Home Value | $232,016 |
| Average Home Value | $288,944 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,810
Multi-Family
99
Businesses
182
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Listed by: Nathan Daniels • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2047792