603 Matlack AveLewisburgPA17837
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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 Lewisburg at 603 Matlack Ave, Lewisburg, PA, 17837 priced at $362,000 pairs $2,477/mo rent with $105/mo cash flow after a $1,772/mo payment. Total monthly income equals $2,477/mo, and annual cash flow comes to $1,256/yr on $120,003 invested. Return on cash invested is 20.96% in year one, and rental yield stands at 8.21% on a $362,000 basis. Equity gained on principal adds $2,336/yr, and 5% annual appreciation accumulates to $100,014 by year five. Five-year ROI measures 108.93% and total cumulative return in cash reaches $130,717. For financing, Ziffy Mortgage’s DSCR program evaluates $2,477/mo property income against a $1,772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17837, Lewisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,981 (100%) |
| Owner Occupied HU | 4,208 (60.3%) |
| Renter Occupied HU | 2,149 (30.8%) |
| Vacant Housing Units | 624 ( 8.9%) |
| Median Home Value | $292,647 |
| Average Home Value | $361,052 |
Housing Distribution
Address Breakdown
Residential
6,593
Single Family
6,022
Multi-Family
571
Businesses
774
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Listed by: TAMMY LYNN STAMM • COLDWELL BANKER PENN ONE REAL ESTATE
Mls Name: CSVBOR
Mls ID: #20-102170