203 Columbus StSaint MarysPA15857
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 Saint Marys at 203 Columbus St, Saint Marys, PA, 15857 priced at $115,000 converts $872/mo rent into $118/mo cash flow after a $563/mo obligation. Total monthly income equals $872/mo, and annual cash flow totals $1,419/yr on $38,123 invested. Return on cash invested prints 23.63% in year one, and rental yield reads 9.1% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 123.42% and total cumulative return in cash sums $47,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $872/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15857, Saint Marys, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,010 (100%) |
| Owner Occupied HU | 4,215 (70.1%) |
| Renter Occupied HU | 1,254 (20.9%) |
| Vacant Housing Units | 541 ( 9.0%) |
| Median Home Value | $186,332 |
| Average Home Value | $221,130 |
Housing Distribution
Address Breakdown
Residential
5,741
Single Family
5,551
Multi-Family
190
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Dippold • Elk County Real Estate
Mls Name: ECBR
Mls ID: #25-302