47 Wynfield LnNew WilmingtonPA16142
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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 New Wilmington at 47 Wynfield Ln, New Wilmington, PA, 16142 priced at $315,000 converts $2,339/mo rent into $275/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,339/mo, and annual cash flow totals $3,295/yr on $104,423 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 8.91% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 120.25% and total cumulative return in cash sums $125,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,339/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Condo
Built in 2004
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16142, New Wilmington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,705 (70.2%) |
| Renter Occupied HU | 503 (20.7%) |
| Vacant Housing Units | 222 ( 9.1%) |
| Median Home Value | $269,459 |
| Average Home Value | $344,949 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,052
Multi-Family
130
Businesses
156
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Listed by: Elizabeth Fisher • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1714897