1307 Main StRomePA18837
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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
Investment property for sale in Rome at 1307 Main St, Rome, PA, 18837 offers a 24.35% rental yield on a $139,500 purchase with $2,831/mo rent. Total monthly income registers $2,831/mo, and a $683/mo payment leaves $1,917/mo available for distribution. Annual cash flow reaches $23,000/yr on $46,244 to close, and return on cash invested stands at 69.64% in year one. Equity gained on principal adds $900/yr while 5% annual appreciation supports $38,541 over five years. Portfolio math shows five-year ROI at 370.08% and total cumulative return in cash at $171,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,831/mo property income against a $683/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18837, Rome, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 917 (64.9%) |
| Renter Occupied HU | 205 (14.5%) |
| Vacant Housing Units | 291 (20.6%) |
| Median Home Value | $222,661 |
| Average Home Value | $259,250 |
Housing Distribution
Address Breakdown
Residential
1,186
Single Family
1,186
Multi-Family
0
Businesses
57
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Listed by: Teake Yeager • Realty One Group Supreme
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31718464
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.