122 S 2nd AveElizabethPA15037
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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 Elizabeth at 122 S 2nd Ave, Elizabeth, PA, 15037 earns $265/mo cash flow from $1,766/mo rent with a $1,121/mo payment. Total monthly income totals $1,766/mo, and annual cash flow totals $3,183/yr on $75,914 capital. ROI tracks 24.1% on current figures, and rental yield reads 9.25% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 125.87% and total cumulative return in cash sums $95,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,766/mo property income instead of your personal income.
Multi Family
Built in 1900
2,522 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: Lori Malseed • COSTA REAL ESTATE LLC
Mls Name: WPMLS
Mls ID: #1718852