1320 Spruce StAshlandPA17921
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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 Ashland at 1320 Spruce St, Ashland, PA, 17921 uses $39,780 cash to close to unlock $1,380/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $901/mo, and a $587/mo payment keeps the spread at $115/mo. Purchase price stands at $120,000, and rental yield measures 9.01% with $901/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash records $48,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $901/mo property income covering a $587/mo payment rather than investor’s personal income.
Townhouse
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17921, Ashland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,686 (100%) |
| Owner Occupied HU | 2,422 (65.7%) |
| Renter Occupied HU | 591 (16.0%) |
| Vacant Housing Units | 673 (18.3%) |
| Median Home Value | $163,971 |
| Average Home Value | $183,988 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,826
Multi-Family
80
Businesses
158
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Listed by: Gabriela De Jesus • Signature Lux Realty
Mls Name: GLVR
Mls ID: #761021