1111 8th AveBerwickPA18603
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 Berwick at 1111 8th Ave, Berwick, PA, 18603 uses $51,051 cash to close to unlock $2,551/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $754/mo payment keeps the spread at $213/mo. Purchase price stands at $154,000, and rental yield measures 9.52% with $1,222/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 130.16% and total cumulative return in cash records $66,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $754/mo payment rather than investor’s personal income.
Single Family
Built in 1970
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHERRY L CONKLIN • KEY PARTNERS REALTY, LLC
Mls Name: CSVBOR
Mls ID: #20-101440