524 Pardee RdMillmontPA17845
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 Millmont at 524 Pardee Rd, Millmont, PA, 17845 offers $2,720/mo rent that, after a $1,752/mo payment, leaves $374/mo cash flow. Total monthly income is $2,720/mo, and annual cash flow is $4,494/yr on $118,644 cash. Return on cash invested measures 23.7% in year one, and rental yield stands at 9.12% at a $357,900 entry. Equity gained on principal adds $2,309/yr while 5% annual appreciation compounds into $98,881 by year five. Five-year ROI records 123.65% and total cumulative return in cash reaches $146,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,720/mo property income versus a $1,752/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17845, Millmont, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 772 (57.0%) |
| Renter Occupied HU | 193 (14.2%) |
| Vacant Housing Units | 390 (28.8%) |
| Median Home Value | $233,696 |
| Average Home Value | $308,533 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
948
Multi-Family
0
Businesses
39
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Nearby investment properties with comparable prices
Listed by: Nathan M. Tillson • Premier Real Estate Agency
Mls Name: West Branch Valley AOR
Mls ID: #WB-101808
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.