216 Center StSlippery RockPA16057
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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 Slippery Rock at 216 Center St, Slippery Rock, PA, 16057 priced at $239,900 pairs $1,817/mo rent with $245/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,817/mo, and annual cash flow comes to $2,942/yr on $79,527 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 9.09% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 123.21% and total cumulative return in cash reaches $97,987. For financing, Ziffy Mortgage’s DSCR program evaluates $1,817/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16057, Slippery Rock, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,101 (49.2%) |
| Renter Occupied HU | 2,115 (33.6%) |
| Vacant Housing Units | 1,083 (17.2%) |
| Median Home Value | $324,449 |
| Average Home Value | $380,740 |
Housing Distribution
Address Breakdown
Residential
4,855
Single Family
4,375
Multi-Family
480
Businesses
289
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Listed by: Melissa Barker • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1712180