614 Union StMillersburgPA17061
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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
Rental property for sale in Millersburg at 614 Union St, Millersburg, PA, 17061 priced at $152,000 converts $1,148/mo rent into $152/mo cash flow after a $744/mo obligation. Total monthly income equals $1,148/mo, and annual cash flow totals $1,823/yr on $50,388 invested. Return on cash invested prints 23.53% in year one, and rental yield reads 9.06% against a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation compiles into $41,995 by year five. Five-year ROI reaches 122.72% and total cumulative return in cash sums $61,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,148/mo property income covering a $744/mo payment, not borrower’s personal income.
Townhouse
Built in 1918
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17061, Millersburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 2,039 (63.9%) |
| Renter Occupied HU | 906 (28.4%) |
| Vacant Housing Units | 247 ( 7.7%) |
| Median Home Value | $232,016 |
| Average Home Value | $288,944 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,810
Multi-Family
99
Businesses
182
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Listed by: Lori Schoffstall • JCT Realty, Inc.
Mls Name: Bright MLS
Mls ID: #PADA2052618