394 W Shore DrNew MilfordPA18834
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 New Milford at 394 W Shore Dr, New Milford, PA, 18834 priced at $287,500 pairs $1,020/mo rent with after a $1,407/mo payment. Total monthly income equals $1,020/mo. Return on cash invested is 9.03% in year one, and rental yield stands at 4.26% on a $287,500 basis. Equity gained on principal adds $1,855/yr, and 5% annual appreciation accumulates to $79,431 by year five. Five-year ROI measures 45.04% and total cumulative return in cash reaches $42,923. For financing, Ziffy Mortgage’s DSCR program evaluates $1,020/mo property income against a $1,407/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18834, New Milford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,088 (58.6%) |
| Renter Occupied HU | 269 (14.5%) |
| Vacant Housing Units | 501 (27.0%) |
| Median Home Value | $249,747 |
| Average Home Value | $296,606 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,309
Multi-Family
24
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Kay McKinney • eXp REALTY
Mls Name: GBMLS
Mls Provider:
Mls ID: #330781
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.