208 McClellan StCambridge SpringsPA16403
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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 Cambridge Springs at 208 McClellan St, Cambridge Springs, PA, 16403 priced at $179,000 converts $1,229/mo rent into $56/mo cash flow after a $876/mo obligation. Total monthly income equals $1,229/mo, and annual cash flow totals $674/yr on $59,339 invested. Return on cash invested prints 21.04% in year one, and rental yield reads 8.24% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 109.49% and total cumulative return in cash sums $64,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,229/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16403, Cambridge Springs, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,513 (100%) |
| Owner Occupied HU | 1,726 (68.7%) |
| Renter Occupied HU | 487 (19.4%) |
| Vacant Housing Units | 300 (11.9%) |
| Median Home Value | $189,161 |
| Average Home Value | $224,264 |
Housing Distribution
Address Breakdown
Residential
2,297
Single Family
2,237
Multi-Family
60
Businesses
125
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Listed by: Toni Smith • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #180292
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.