61 Caravan CtMiddletownPA17057
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 Middletown at 61 Caravan Ct, Middletown, PA, 17057 offers $925/mo rent that, after a $587/mo payment, leaves $139/mo cash flow. Total monthly income is $925/mo, and annual cash flow is $1,670/yr on $39,747 cash. Return on cash invested measures 24.11% in year one, and rental yield stands at 9.26% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 125.96% and total cumulative return in cash reaches $50,064. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $925/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17057, Middletown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,467 (100%) |
| Owner Occupied HU | 6,273 (59.9%) |
| Renter Occupied HU | 3,418 (32.7%) |
| Vacant Housing Units | 776 ( 7.4%) |
| Median Home Value | $224,159 |
| Average Home Value | $278,018 |
Housing Distribution
Address Breakdown
Residential
9,547
Single Family
8,636
Multi-Family
911
Businesses
550
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Nearby investment properties with comparable prices
Listed by: Trudy Stewart • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2047216