42 Lower Mulberry StDanvillePA17821
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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 Danville at 42 Lower Mulberry St, Danville, PA, 17821 priced at $249,000 converts $2,234/mo rent into $602/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,234/mo, and annual cash flow totals $7,225/yr on $82,544 invested. Return on cash invested prints 28.66% in year one, and rental yield reads 10.77% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 150.32% and total cumulative return in cash sums $124,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,234/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Multi Family
Built in 2004
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17821, Danville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,779 (100%) |
| Owner Occupied HU | 5,963 (67.9%) |
| Renter Occupied HU | 2,186 (24.9%) |
| Vacant Housing Units | 630 ( 7.2%) |
| Median Home Value | $300,351 |
| Average Home Value | $363,222 |
Housing Distribution
Address Breakdown
Residential
8,556
Single Family
8,111
Multi-Family
445
Businesses
529
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Listed by: KRISTIN MIKITA PFLEEGOR • PRO Real Estate Services, Inc.
Mls Name: CSVBOR
Mls ID: #20-99672
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.