Woodland Model Conveyor Dr LOT 9NewmanstownPA17073
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 Newmanstown at Woodland Model Conveyor Dr LOT 9, Newmanstown, PA, 17073 offers $2,934/mo rent that, after a $5,389/mo payment. Total monthly income is $2,934/mo. Return on cash invested measures 5.97% in year one, and rental yield stands at 3.2% at a $1,101,099 entry. Equity gained on principal adds $7,105/yr while 5% annual appreciation compounds into $304,213 by year five. Five-year ROI records 28.5% and total cumulative return in cash reaches $101,669. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,934/mo property income versus a $5,389/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17073, Newmanstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,857 (80.5%) |
| Renter Occupied HU | 338 (14.6%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $291,406 |
| Average Home Value | $425,424 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
58
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Listed by: David Wissler • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2023642