137 Carmichaels StRices landingPA15357
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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 Rices landing at 137 Carmichaels St, Rices landing, PA, 15357 offers $1,787/mo rent that, after a $1,419/mo payment. Total monthly income is $1,787/mo. Return on cash invested measures 18.5% in year one, and rental yield stands at 7.4% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 95.81% and total cumulative return in cash reaches $92,073. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,787/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15357, Rices Landing, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 560 (78.4%) |
| Renter Occupied HU | 83 (11.6%) |
| Vacant Housing Units | 71 ( 9.9%) |
| Median Home Value | $155,000 |
| Average Home Value | $204,679 |
Housing Distribution
Address Breakdown
Residential
613
Single Family
613
Multi-Family
0
Businesses
45
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Listed by: Marjory Stawiarski • RE/MAX HOME CENTER
Mls Name: WPMLS
Mls Provider:
Mls ID: #1711677
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.