220 E Market StMercerPA16137
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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
Total monthly income runs $1,924/mo, and a $1,674/mo payment. Purchase price stands at $342,000, and rental yield measures 6.75% with $1,924/mo rent. Return on cash invested shows 16.55% in year one, and 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 85.31% and total cumulative return in cash records $96,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $1,674/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16137, Mercer, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 3,571 (71.1%) |
| Renter Occupied HU | 809 (16.1%) |
| Vacant Housing Units | 639 (12.7%) |
| Median Home Value | $234,224 |
| Average Home Value | $304,621 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,482
Multi-Family
377
Businesses
397
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Listed by: Veronica Palmer • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1665544
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.