800 Virginia AveMidlandPA15059
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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 Midland at 800 Virginia Ave, Midland, PA, 15059 uses $40,576 cash to close to unlock $19,440/yr annual cash flow and $1,620/mo monthly cash flow. Total monthly income runs $2,422/mo, and a $599/mo payment keeps the spread at $1,620/mo. Purchase price stands at $122,400, and rental yield measures 23.75% with $2,422/mo rent. Return on cash invested shows 67.82% in year one, and 5% annual appreciation builds toward $33,817 over five years. Five-year ROI reaches 360.38% and total cumulative return in cash records $146,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,422/mo property income covering a $599/mo payment rather than investor’s personal income.
Single Family
Built in 1917
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15059, Midland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,053 (52.4%) |
| Renter Occupied HU | 665 (33.1%) |
| Vacant Housing Units | 291 (14.5%) |
| Median Home Value | $168,527 |
| Average Home Value | $203,348 |
Housing Distribution
Address Breakdown
Residential
1,765
Single Family
1,689
Multi-Family
76
Businesses
95
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Listed by: Joeline Emrick • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1666690
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.