213 2nd AveElcoPA15434
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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
Investment property for sale in Elco at 213 2nd Ave, Elco, PA, 15434 offers a 9.01% rental yield on a $100,000 purchase with $751/mo rent. Total monthly income registers $751/mo, and a $489/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,154/yr on $33,150 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 122.11% and total cumulative return in cash at $40,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $751/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15434, Elco, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 107 (75.9%) |
| Renter Occupied HU | 16 (11.3%) |
| Vacant Housing Units | 18 (12.8%) |
| Median Home Value | $127,679 |
| Average Home Value | $181,472 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
1
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Listed by: Walter MacFann • TRI COUNTY REALTY ASSOCIATES LP
Mls Name: WPMLS
Mls Provider:
Mls ID: #1664752
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.