515 Mill RdSelinsgrovePA17870
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 515 Mill Rd, Selinsgrove, PA, 17870 in Selinsgrove: $3,179/mo in rent, $977/mo net, 11.35% gross yield, all on a $336,000 acquisition. The 2.10 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $92,831 in value, and $3,095/yr in principal paydown steadily builds equity. Projected total cumulative return: $190,818.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $977 | $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 | $3,179 |
| Total Monthly Debt Service | $2,068 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1986
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17870, Selinsgrove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 3,864 (66.1%) |
| Renter Occupied HU | 1,597 (27.3%) |
| Vacant Housing Units | 388 ( 6.6%) |
| Median Home Value | $268,065 |
| Average Home Value | $304,851 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,318
Multi-Family
116
Businesses
591
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 1986
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17870, Selinsgrove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 3,864 (66.1%) |
| Renter Occupied HU | 1,597 (27.3%) |
| Vacant Housing Units | 388 ( 6.6%) |
| Median Home Value | $268,065 |
| Average Home Value | $304,851 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,318
Multi-Family
116
Businesses
591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: REBEKA BRYNN PEALER • EXP Realty, LLC
Mls Name: CSVBOR
Mls ID: #20-100215
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.