118 Harrison StElizabethPA15037
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 Elizabeth at 118 Harrison St, Elizabeth, PA, 15037 offers $1,598/mo rent that, after a $954/mo payment, leaves $321/mo cash flow. Total monthly income is $1,598/mo, and annual cash flow is $3,847/yr on $64,643 cash. Return on cash invested measures 25.86% in year one, and rental yield stands at 9.83% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 135.27% and total cumulative return in cash reaches $87,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,598/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15037, Elizabeth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,826 (100%) |
| Owner Occupied HU | 3,781 (78.3%) |
| Renter Occupied HU | 683 (14.2%) |
| Vacant Housing Units | 362 ( 7.5%) |
| Median Home Value | $224,663 |
| Average Home Value | $258,831 |
Housing Distribution
Address Breakdown
Residential
4,544
Single Family
4,500
Multi-Family
44
Businesses
272
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Listed by: Dana Evans • HOWARD HANNA MID MON VALLEY OFFICE
Mls Name: WPMLS
Mls ID: #1709992