224 Boyers RdHarrisvillePA16038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Harrisville at 224 Boyers Rd, Harrisville, PA, 16038 offers $1,148/mo rent that, after a $731/mo payment, leaves $169/mo cash flow. Total monthly income is $1,148/mo, and annual cash flow is $2,031/yr on $49,526 cash. Return on cash invested measures 24.01% in year one, and rental yield stands at 9.22% at a $149,400 entry. Equity gained on principal adds $964/yr while 5% annual appreciation compounds into $41,276 by year five. Five-year ROI records 125.38% and total cumulative return in cash reaches $62,098. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,148/mo property income versus a $731/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16038, Harrisville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,504 (100%) |
| Owner Occupied HU | 1,108 (73.7%) |
| Renter Occupied HU | 235 (15.6%) |
| Vacant Housing Units | 161 (10.7%) |
| Median Home Value | $233,092 |
| Average Home Value | $336,947 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,187
Multi-Family
0
Businesses
93
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Listed by: Corey Weber • RE/MAX INFINITY
Mls Name: WPMLS
Mls ID: #1725551