193 Center AveElizabethPA15037
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
Rental property for sale in Elizabeth at 193 Center Ave, Elizabeth, PA, 15037 priced at $299,000 converts $1,135/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,135/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 4.56% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 49.87% and total cumulative return in cash sums $49,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,135/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
9,404 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15037, Elizabeth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,826 (100%) |
| Owner Occupied HU | 3,781 (78.3%) |
| Renter Occupied HU | 683 (14.2%) |
| Vacant Housing Units | 362 ( 7.5%) |
| Median Home Value | $224,663 |
| Average Home Value | $258,831 |
Housing Distribution
Address Breakdown
Residential
4,544
Single Family
4,500
Multi-Family
44
Businesses
272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Malseed • COSTA REAL ESTATE LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1674908
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.