122 Water StEdinboroPA16412
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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 Edinboro at 122 Water St, Edinboro, PA, 16412 priced at $164,900 pairs $1,250/mo rent with $170/mo cash flow after a $807/mo payment. Total monthly income equals $1,250/mo, and annual cash flow comes to $2,034/yr on $54,664 invested. Return on cash invested is 23.63% in year one, and rental yield stands at 9.1% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 123.31% and total cumulative return in cash reaches $67,408. For financing, Ziffy Mortgage’s DSCR program evaluates $1,250/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1890
0.83 Acres 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: Jarvis Sanders • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #187867