131 S Pitt StMercerPA16137
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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 Mercer at 131 S Pitt St, Mercer, PA, 16137 priced at $565,000 pairs $2,538/mo rent with after a $2,765/mo payment. Total monthly income equals $2,538/mo. Return on cash invested is 12.55% in year one, and rental yield stands at 5.39% on a $565,000 basis. Equity gained on principal adds $3,646/yr, and 5% annual appreciation accumulates to $156,099 by year five. Five-year ROI measures 63.83% and total cumulative return in cash reaches $118,647. For financing, Ziffy Mortgage’s DSCR program evaluates $2,538/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16137, Mercer, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 3,571 (71.1%) |
| Renter Occupied HU | 809 (16.1%) |
| Vacant Housing Units | 639 (12.7%) |
| Median Home Value | $234,224 |
| Average Home Value | $304,621 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,482
Multi-Family
377
Businesses
397
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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