1138 State Route 31TarrsPA15688
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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 Tarrs at 1138 State Route 31, Tarrs, PA, 15688 generates $1,260/mo in rent, after a $2,251/mo payment. Total monthly income is $1,260/mo. Return on cash invested sits at 6.11% in year one, and rental yield is 3.29% on a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 29.32% and total cumulative return in cash sums $44,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15688, Tarrs, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 331 (100%) |
| Owner Occupied HU | 225 (68.0%) |
| Renter Occupied HU | 75 (22.7%) |
| Vacant Housing Units | 31 ( 9.4%) |
| Median Home Value | $206,944 |
| Average Home Value | $234,322 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
12
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Listed by: Jessica Bortz • COLDWELL BANKER LAUREL RIDGE REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1698242
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.