115 Cherry StEdinboroPA16412
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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
Investment property for sale in Edinboro at 115 Cherry St, Edinboro, PA, 16412 at $250,000 posts ROI 18.6% with from $1,548/mo rent. Total monthly income equals $1,548/mo. Return on cash invested measures 18.6% and rental yield reads 7.43% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 96.3% and total cumulative return in cash totals $79,810. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,548/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
4,922 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16412, Edinboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,602 (100%) |
| Owner Occupied HU | 2,695 (58.6%) |
| Renter Occupied HU | 1,167 (25.4%) |
| Vacant Housing Units | 740 (16.1%) |
| Median Home Value | $261,963 |
| Average Home Value | $284,967 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
3,831
Multi-Family
399
Businesses
297
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Listed by: Carol Johnson • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #183666
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.