101 W North StMercerPA16137
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 Mercer at 101 W North St, Mercer, PA, 16137 with 5% annual appreciation on a $219,500 basis while $1,732/mo rent supports operations. Total monthly income totals $1,732/mo and a $1,074/mo payment preserves $294/mo for cash returns. Annual cash flow comes to $3,528/yr on $72,764 deployed, and return on cash invested reaches 24.76% in year one. Equity gained on principal adds $1,416/yr, and five-year appreciation sums $60,644 alongside rental yield of 9.47%. Five-year ROI measures 129.31% and total cumulative return in cash totals $94,090.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,732/mo property income versus a $1,074/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16137, Mercer, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 3,571 (71.1%) |
| Renter Occupied HU | 809 (16.1%) |
| Vacant Housing Units | 639 (12.7%) |
| Median Home Value | $234,224 |
| Average Home Value | $304,621 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,482
Multi-Family
377
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Bickel • LOCAL REAL ESTATE LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1704835
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.