514 N Mill St #48JonestownPA17038
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 514 N Mill St #48, Jonestown, PA, 17038 in Jonestown. Rental yield 4.76%. At $399,900 with 4.76% gross yield, current distributions are modest, but the 5% appreciation rate projects $110,485 in new equity by year five, complemented by $3,683/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.88) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $85,645.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(1,048) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,585 |
| Total Monthly Debt Service | $2,461 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17038, Jonestown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 2,485 (76.8%) |
| Renter Occupied HU | 590 (18.2%) |
| Vacant Housing Units | 160 ( 4.9%) |
| Median Home Value | $286,326 |
| Average Home Value | $347,731 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,679
Multi-Family
0
Businesses
185
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
Single Family
Built in 2011
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17038, Jonestown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 2,485 (76.8%) |
| Renter Occupied HU | 590 (18.2%) |
| Vacant Housing Units | 160 ( 4.9%) |
| Median Home Value | $286,326 |
| Average Home Value | $347,731 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,679
Multi-Family
0
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #PALN2024900