124 Erica LnColumbiaPA17512
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 Columbia at 124 Erica Ln, Columbia, PA, 17512 priced at $539,990 converts $1,871/mo rent into after a $2,643/mo obligation. Total monthly income equals $1,871/mo. Return on cash invested prints 8.8% in year one, and rental yield reads 4.16% against a $539,990 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,189 by year five. Five-year ROI reaches 43.7% and total cumulative return in cash sums $77,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,871/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17512, Columbia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,931 (100%) |
| Owner Occupied HU | 4,842 (61.1%) |
| Renter Occupied HU | 2,661 (33.6%) |
| Vacant Housing Units | 428 ( 5.4%) |
| Median Home Value | $285,458 |
| Average Home Value | $381,127 |
Housing Distribution
Address Breakdown
Residential
7,441
Single Family
6,816
Multi-Family
625
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Morrison • D.R. Horton Realty of Pennsylvania
Mls Name: Bright MLS
Mls ID: #PALA2074924