363 Cummins Hill RdMilfordPA18337
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 Milford at 363 Cummins Hill Rd, Milford, PA, 18337 priced at $389,000 converts $3,215/mo rent into $666/mo cash flow after a $1,904/mo obligation. Total monthly income equals $3,215/mo, and annual cash flow totals $7,991/yr on $128,954 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 9.92% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 136.55% and total cumulative return in cash sums $176,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,215/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1990
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18337, Milford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,535 (100%) |
| Owner Occupied HU | 5,653 (66.2%) |
| Renter Occupied HU | 983 (11.5%) |
| Vacant Housing Units | 1,899 (22.2%) |
| Median Home Value | $314,200 |
| Average Home Value | $344,360 |
Housing Distribution
Address Breakdown
Residential
6,840
Single Family
6,791
Multi-Family
49
Businesses
563
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Listed by: Justine Eichner • Iron Valley R E Tri-State
Mls Name: PWAR
Mls Provider:
Mls ID: #PW243478
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