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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Berwick at 1524 2nd Ave, Berwick, PA, 18603 offers a 7.9% rental yield on a $225,000 purchase with $1,481/mo rent. Total monthly income registers $1,481/mo, and a $1,101/mo payment leaves $7/mo available for distribution. Annual cash flow reaches $82/yr on $74,588 to close, and return on cash invested stands at 20.02% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 103.9% and total cumulative return in cash at $77,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,481/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
Date | Event | Price |
|---|---|---|
| 2024-12-09 | Listed for sale | $225,000 |
| 2024-09-24 | Pending sale | $225,000 |
| 2024-09-06 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-12 | $2144.22 | 3.40% | $25,945 | N/A |
| 2022-01-12 | $2073.65 | N/A | $25,945 | N/A |
| 2021-01-12 | $2073.65 | 4.02% | $25,945 | N/A |
Listed by: Patricia A Bowers • KEY PARTNERS REALTY, LLC
Mls Name: CSVBOR
Mls ID: #20-98206
Disclaimer: IDX 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.
