403 Milford DrElizabethPA15037
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 Elizabeth at 403 Milford Dr, Elizabeth, PA, 15037 priced at $179,000 pairs $1,690/mo rent with $517/mo cash flow after a $876/mo payment. Total monthly income equals $1,690/mo, and annual cash flow comes to $6,206/yr on $59,339 invested. Return on cash invested is 30.37% in year one, and rental yield stands at 11.33% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 159.46% and total cumulative return in cash reaches $94,623. For financing, Ziffy Mortgage’s DSCR program evaluates $1,690/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15037, Elizabeth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,826 (100%) |
| Owner Occupied HU | 3,781 (78.3%) |
| Renter Occupied HU | 683 (14.2%) |
| Vacant Housing Units | 362 ( 7.5%) |
| Median Home Value | $224,663 |
| Average Home Value | $258,831 |
Housing Distribution
Address Breakdown
Residential
4,544
Single Family
4,500
Multi-Family
44
Businesses
272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Petrick • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls ID: #1727024