1016 N 88th RdRices LandingPA15357
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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 Rices Landing at 1016 N 88th Rd, Rices Landing, PA, 15357 offers a 8.93% rental yield on a $205,000 purchase with $1,525/mo rent. Total monthly income registers $1,525/mo, and a $1,003/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,184/yr on $67,958 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 120.63% and total cumulative return in cash at $81,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,525/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15357, Rices Landing, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 560 (78.4%) |
| Renter Occupied HU | 83 (11.6%) |
| Vacant Housing Units | 71 ( 9.9%) |
| Median Home Value | $155,000 |
| Average Home Value | $204,679 |
Housing Distribution
Address Breakdown
Residential
613
Single Family
613
Multi-Family
0
Businesses
45
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Listed by: Amanda Cullen • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1683073
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.