1127 Grinnell AveColumbiaPA17512
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
Rental property for sale in Columbia at 1127 Grinnell Ave, Columbia, PA, 17512 generates $1,950/mo in rent and, after a $1,028/mo payment, leaves $574/mo in cash flow. Total monthly income is $1,950/mo, and annual cash flow is $6,885/yr on $69,615 invested. Return on cash invested sits at 29.8% in year one, and rental yield is 11.14% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 156.37% and total cumulative return in cash sums $108,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,950/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17512, Columbia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,931 (100%) |
| Owner Occupied HU | 4,842 (61.1%) |
| Renter Occupied HU | 2,661 (33.6%) |
| Vacant Housing Units | 428 ( 5.4%) |
| Median Home Value | $285,458 |
| Average Home Value | $381,127 |
Housing Distribution
Address Breakdown
Residential
7,441
Single Family
6,816
Multi-Family
625
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Seibert • Keller Williams Elite
Mls Name: Bright MLS
Mls ID: #PALA2076986