107 Barr AveGrove CityPA16127
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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
Rental property for sale in Grove City at 107 Barr Ave, Grove City, PA, 16127 priced at $185,000 converts $1,482/mo rent into $270/mo cash flow after a $905/mo obligation. Total monthly income equals $1,482/mo, and annual cash flow totals $3,243/yr on $61,328 invested. Return on cash invested prints 25.2% in year one, and rental yield reads 9.61% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 131.75% and total cumulative return in cash sums $80,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,482/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,351 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16127, Grove City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,941 (100%) |
| Owner Occupied HU | 4,054 (68.2%) |
| Renter Occupied HU | 1,361 (22.9%) |
| Vacant Housing Units | 526 ( 8.9%) |
| Median Home Value | $250,518 |
| Average Home Value | $292,512 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,343
Multi-Family
142
Businesses
574
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Listed by: Carly Anderson • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1724625