220 Salem RdMayportPA16240
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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 Mayport at 220 Salem Rd, Mayport, PA, 16240 priced at $195,000 pairs $1,081/mo rent with after a $954/mo payment. Total monthly income equals $1,081/mo. Return on cash invested is 16.26% in year one, and rental yield stands at 6.65% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 83.79% and total cumulative return in cash reaches $54,166. For financing, Ziffy Mortgage’s DSCR program evaluates $1,081/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
49.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16240, Mayport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 501 (70.4%) |
| Renter Occupied HU | 92 (12.9%) |
| Vacant Housing Units | 119 (16.7%) |
| Median Home Value | $178,125 |
| Average Home Value | $268,618 |
Housing Distribution
Address Breakdown
Residential
659
Single Family
659
Multi-Family
0
Businesses
11
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Listed by: Brian Schmidt • RE/MAX HOME CENTER
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694752
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.