152 E Garrett StSomersetPA15501
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
Investment property for sale in Somerset at 152 E Garrett St, Somerset, PA, 15501 offers a 11.41% rental yield on a $104,900 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $513/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,280/yr on $34,774 to close, and return on cash invested stands at 29.34% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,982 over five years. Portfolio math shows five-year ROI at 154.44% and total cumulative return in cash at $53,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15501, Somerset, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,039 (100%) |
| Owner Occupied HU | 4,542 (56.5%) |
| Renter Occupied HU | 2,126 (26.4%) |
| Vacant Housing Units | 1,371 (17.1%) |
| Median Home Value | $205,451 |
| Average Home Value | $257,262 |
Housing Distribution
Address Breakdown
Residential
7,021
Single Family
6,462
Multi-Family
559
Businesses
946
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tobias Biddle • QUALITY REAL ESTATE, INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705395
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.