112 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 112 Cole Ct, Harmony, PA, 16037 offers $3,031/mo rent that, after a $1,492/mo payment, leaves $933/mo cash flow. Total monthly income is $3,031/mo, and annual cash flow is $11,201/yr on $101,074 cash. Return on cash invested measures 30.99% in year one, and rental yield stands at 11.93% at a $304,900 entry. Equity gained on principal adds $1,967/yr while 5% annual appreciation compounds into $84,238 by year five. Five-year ROI records 163.2% and total cumulative return in cash reaches $164,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,031/mo property income versus a $1,492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2009
3,049 sqft lot
$N/A/sqft
$100 monthly 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: Nikolo Pappaterra • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1675163
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.