107 Cole CtHarmonyPA16037
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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 Harmony at 107 Cole Ct, Harmony, PA, 16037 priced at $304,900 converts $2,717/mo rent into $719/mo cash flow after a $1,492/mo obligation. Total monthly income equals $2,717/mo, and annual cash flow totals $8,633/yr on $101,074 invested. Return on cash invested prints 28.45% in year one, and rental yield reads 10.69% against a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation compiles into $84,238 by year five. Five-year ROI reaches 149.14% and total cumulative return in cash sums $150,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,717/mo property income covering a $1,492/mo payment, not borrower’s personal income.
Townhouse
Built in 2009
2,570 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16037, Harmony, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,201 (100%) |
| Owner Occupied HU | 1,761 (80.0%) |
| Renter Occupied HU | 258 (11.7%) |
| Vacant Housing Units | 182 ( 8.3%) |
| Median Home Value | $410,036 |
| Average Home Value | $521,107 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,351
Multi-Family
0
Businesses
178
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Listed by: Lee Blystone • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1731974