218 Center StMeyersdalePA15552
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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 Meyersdale at 218 Center St, Meyersdale, PA, 15552 offers $1,180/mo rent that, after a $958/mo payment. Total monthly income is $1,180/mo. Return on cash invested measures 18.01% in year one, and rental yield stands at 7.23% at a $195,800 entry. Equity gained on principal adds $1,263/yr while 5% annual appreciation compounds into $54,096 by year five. Five-year ROI records 93.17% and total cumulative return in cash reaches $60,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,180/mo property income versus a $958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1,219 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15552, Meyersdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,813 (68.1%) |
| Renter Occupied HU | 555 (20.8%) |
| Vacant Housing Units | 295 (11.1%) |
| Median Home Value | $146,645 |
| Average Home Value | $187,125 |
Housing Distribution
Address Breakdown
Residential
2,415
Single Family
2,346
Multi-Family
69
Businesses
175
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