223 Cashdollar RdMarsPA16046
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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 Mars at 223 Cashdollar Rd, Mars, PA, 16046 priced at $389,000 converts $1,835/mo rent into after a $1,904/mo obligation. Total monthly income equals $1,835/mo. Return on cash invested prints 13.26% in year one, and rental yield reads 5.66% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 67.68% and total cumulative return in cash sums $87,270. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,835/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16046, Mars, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,577 (100%) |
| Owner Occupied HU | 5,735 (75.7%) |
| Renter Occupied HU | 1,372 (18.1%) |
| Vacant Housing Units | 470 ( 6.2%) |
| Median Home Value | $497,910 |
| Average Home Value | $569,567 |
Housing Distribution
Address Breakdown
Residential
7,176
Single Family
7,051
Multi-Family
125
Businesses
484
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Listed by: Nicole Williams • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1703088
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.