165 Hickory DrSalixPA15952
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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 Salix at 165 Hickory Dr, Salix, PA, 15952 priced at $167,500 converts $1,241/mo rent into $143/mo cash flow after a $820/mo obligation. Total monthly income equals $1,241/mo, and annual cash flow totals $1,719/yr on $55,526 invested. Return on cash invested prints 23% in year one, and rental yield reads 8.89% against a $167,500 entry. Equity gained on principal adds $1,081/yr, while 5% annual appreciation compiles into $46,277 by year five. Five-year ROI reaches 119.97% and total cumulative return in cash sums $66,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,241/mo property income covering a $820/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15952, Salix, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 561 (72.8%) |
| Renter Occupied HU | 132 (17.1%) |
| Vacant Housing Units | 78 (10.1%) |
| Median Home Value | $175,245 |
| Average Home Value | $242,255 |
Housing Distribution
Address Breakdown
Residential
475
Single Family
410
Multi-Family
65
Businesses
35
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Listed by: Bob & Bobby Colvin • RE/MAX TEAM, REALTORS
Mls Name: CSMLS
Mls Provider:
Mls ID: #96035170
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.