56 Memorial BlvdNewmanstownPA17073
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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
Investment property for sale in Newmanstown at 56 Memorial Blvd, Newmanstown, PA, 17073 offers a 6.87% rental yield on a $295,000 purchase with $1,690/mo rent. 92% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 87.31% and total cumulative return in cash at $85,382. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17073, Newmanstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,857 (80.5%) |
| Renter Occupied HU | 338 (14.6%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $291,406 |
| Average Home Value | $425,424 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
58
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Listed by: Jeremy Breton • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #PALN2024014