218 N Elmer AveSayrePA18840
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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 Sayre at 218 N Elmer Ave, Sayre, PA, 18840 with 5% annual appreciation on a $230,000 basis while $1,583/mo rent supports operations. Total monthly income totals $1,583/mo and a $1,126/mo payment preserves $76/mo for cash returns. Annual cash flow comes to $907/yr on $76,245 deployed, and return on cash invested reaches 21.1% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.26%. Five-year ROI measures 109.72% and total cumulative return in cash totals $83,659.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,583/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1896
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18840, Sayre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,068 (100%) |
| Owner Occupied HU | 3,091 (61.0%) |
| Renter Occupied HU | 1,518 (30.0%) |
| Vacant Housing Units | 459 ( 9.1%) |
| Median Home Value | $190,170 |
| Average Home Value | $229,716 |
Housing Distribution
Address Breakdown
Residential
4,777
Single Family
4,617
Multi-Family
160
Businesses
389
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Listed by: Robert Shannon • Realty One Group Supreme
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722054
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.