208 Olin AveGirardPA16417
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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 Girard at 208 Olin Ave, Girard, PA, 16417 priced at $150,000 converts $1,155/mo rent into $172/mo cash flow after a $734/mo obligation. Total monthly income equals $1,155/mo, and annual cash flow totals $2,067/yr on $49,725 invested. Return on cash invested prints 24.07% in year one, and rental yield reads 9.24% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 125.67% and total cumulative return in cash sums $62,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,155/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16417, Girard, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,538 (100%) |
| Owner Occupied HU | 2,613 (73.9%) |
| Renter Occupied HU | 679 (19.2%) |
| Vacant Housing Units | 246 ( 7.0%) |
| Median Home Value | $227,120 |
| Average Home Value | $244,686 |
Housing Distribution
Address Breakdown
Residential
3,515
Single Family
3,152
Multi-Family
363
Businesses
233
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Listed by: Catherine Fox • Coldwell Banker Select - Airport
Mls Name: GEMLS
Mls ID: #181894
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.