1955 Mercer Grove City RdGrove CityPA16127
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 Grove City at 1955 Mercer Grove City Rd, Grove City, PA, 16127 offers $2,300/mo rent that, after a $4,895/mo payment. Total monthly income is $2,300/mo. Return on cash invested measures 4.55% in year one, and rental yield stands at 2.76% at a $1,000,000 entry. Equity gained on principal adds $6,453/yr while 5% annual appreciation compounds into $276,282 by year five. Five-year ROI records 20.91% and total cumulative return in cash reaches $68,788. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,300/mo property income versus a $4,895/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16127, Grove City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,941 (100%) |
| Owner Occupied HU | 4,054 (68.2%) |
| Renter Occupied HU | 1,361 (22.9%) |
| Vacant Housing Units | 526 ( 8.9%) |
| Median Home Value | $250,518 |
| Average Home Value | $292,512 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,343
Multi-Family
142
Businesses
574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Miller • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1679846
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.