202 Solomon AveGreensboroPA15320
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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 Greensboro at 202 Solomon Ave, Greensboro, PA, 15320 priced at $147,900 converts $1,643/mo rent into $663/mo cash flow after a $724/mo obligation. Total monthly income equals $1,643/mo, and annual cash flow totals $7,960/yr on $49,029 invested. Return on cash invested prints 36.15% in year one, and rental yield reads 13.33% against a $147,900 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation compiles into $40,862 by year five. Five-year ROI reaches 190.55% and total cumulative return in cash sums $93,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,643/mo property income covering a $724/mo payment, not borrower’s personal income.
Single Family
Built in 1974
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15320, Carmichaels, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,464 (100%) |
| Owner Occupied HU | 1,618 (65.7%) |
| Renter Occupied HU | 590 (23.9%) |
| Vacant Housing Units | 256 (10.4%) |
| Median Home Value | $161,645 |
| Average Home Value | $182,690 |
Housing Distribution
Address Breakdown
Residential
2,283
Single Family
2,158
Multi-Family
125
Businesses
191
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Listed by: Jamie Zrust • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1665813
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.