162 E 2nd StWaterfordPA16441
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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 Waterford at 162 E 2nd St, Waterford, PA, 16441 earns $714/mo cash flow from $2,677/mo rent with a $1,466/mo payment. Total monthly income totals $2,677/mo, and annual cash flow totals $8,572/yr on $99,284 capital. ROI tracks 28.54% on current figures, and rental yield reads 10.73% at a $299,500 purchase. Equity gained on principal adds $1,933/yr, and 5% annual appreciation supports $82,746 over five years. Five-year ROI reaches 149.65% and total cumulative return in cash sums $148,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,677/mo property income instead of your personal income.
Single Family
Built in 1875
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16441, Waterford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,260 (100%) |
| Owner Occupied HU | 3,343 (78.5%) |
| Renter Occupied HU | 663 (15.6%) |
| Vacant Housing Units | 254 ( 6.0%) |
| Median Home Value | $277,231 |
| Average Home Value | $299,881 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,851
Multi-Family
22
Businesses
230
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Listed by: Bob Henninger • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #183759
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.