816 Midland AveMidlandPA15059
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 Midland at 816 Midland Ave, Midland, PA, 15059 listed at $135,000 pairs $948/mo rent with a $661/mo payment to leave $63/mo cash flow. Total monthly income runs $948/mo, and annual cash flow reaches $757/yr on $44,753 cash to close. Return on cash invested measures 21.6% in year one, and rental yield registers 8.43% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 112.51% and total cumulative return in cash totals $50,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $948/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1916
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Mendicino • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706183
Disclaimer: Listing 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.