648 Water StMilanPA18831
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
Investment property for sale in Milan at 648 Water St, Milan, PA, 18831 at $270,000 posts ROI 17.1% with from $1,560/mo rent. Total monthly income equals $1,560/mo. Return on cash invested measures 17.1% and rental yield reads 6.93% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 88.29% and total cumulative return in cash totals $79,021. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
17.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18831, Milan, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 365 (67.2%) |
| Renter Occupied HU | 93 (17.1%) |
| Vacant Housing Units | 85 (15.7%) |
| Median Home Value | $244,141 |
| Average Home Value | $269,267 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Birdsall • Realty One Group Supreme
Mls Name: NYSAMLSs
Mls ID: #R1640843