1703 Pointe View DrMarsPA16046
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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 Mars at 1703 Pointe View Dr, Mars, PA, 16046 generates $2,444/mo in rent and, after a $1,762/mo payment, leaves $85/mo in cash flow. Total monthly income is $2,444/mo, and annual cash flow is $1,022/yr on $119,307 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.15% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 107.96% and total cumulative return in cash sums $128,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,444/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16046, Mars, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,577 (100%) |
| Owner Occupied HU | 5,735 (75.7%) |
| Renter Occupied HU | 1,372 (18.1%) |
| Vacant Housing Units | 470 ( 6.2%) |
| Median Home Value | $497,910 |
| Average Home Value | $569,567 |
Housing Distribution
Address Breakdown
Residential
7,176
Single Family
7,051
Multi-Family
125
Businesses
484
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Listed by: JoAnn Echtler • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1717191