120 Elm DrRices LandingPA15357
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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 Rices Landing at 120 Elm Dr, Rices Landing, PA, 15357 priced at $250,000 pairs $1,669/mo rent with $30/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,669/mo, and annual cash flow comes to $365/yr on $82,875 invested. Return on cash invested is 20.35% in year one, and rental yield stands at 8.01% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 105.7% and total cumulative return in cash reaches $87,598. For financing, Ziffy Mortgage’s DSCR program evaluates $1,669/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15357, Rices Landing, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 560 (78.4%) |
| Renter Occupied HU | 83 (11.6%) |
| Vacant Housing Units | 71 ( 9.9%) |
| Median Home Value | $155,000 |
| Average Home Value | $204,679 |
Housing Distribution
Address Breakdown
Residential
613
Single Family
613
Multi-Family
0
Businesses
45
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Listed by: Jane York • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697475
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.