109 W Grand Ave #111Tower CityPA17980
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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 Tower City at 109 W Grand Ave #111, Tower City, PA, 17980 generates $780/mo in rent, after a $795/mo payment. Total monthly income is $780/mo. Return on cash invested sits at 13.57% in year one, and rental yield is 5.76% on a $162,500 entry. Equity gained on principal adds $1,049/yr, while 5% annual appreciation builds toward $44,896 over five years. Five-year ROI reaches 69.38% and total cumulative return in cash sums $37,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
9,148 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 17980, Tower City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,635 (100%) |
| Owner Occupied HU | 1,148 (70.2%) |
| Renter Occupied HU | 279 (17.1%) |
| Vacant Housing Units | 208 (12.7%) |
| Median Home Value | $164,370 |
| Average Home Value | $194,578 |
Housing Distribution
Address Breakdown
Residential
1,385
Single Family
1,360
Multi-Family
25
Businesses
89
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-17 | Listed for sale | $162,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 2,408 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard - Hot Water, Oil
- Cooling: None
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Free, Detached Carport, On Street, Off Street
Location
- City: Tower City
- State: PA
- Subdivision: Tower City
- Lot Size: 9,148 sqft
- Lot Features: N/A
- View: Mountain(s)
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Kelly Unger • Keller Williams of Central PA
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PASK2018696
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