228 E 2nd StWaterfordPA16441
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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 Waterford at 228 E 2nd St, Waterford, PA, 16441 generates $2,236/mo in rent and, after a $1,370/mo payment, leaves $402/mo in cash flow. Total monthly income is $2,236/mo, and annual cash flow is $4,822/yr on $92,787 invested. Return on cash invested sits at 25.11% in year one, and rental yield is 9.59% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 131.18% and total cumulative return in cash sums $121,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,236/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16441, Waterford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,260 (100%) |
| Owner Occupied HU | 3,343 (78.5%) |
| Renter Occupied HU | 663 (15.6%) |
| Vacant Housing Units | 254 ( 6.0%) |
| Median Home Value | $277,231 |
| Average Home Value | $299,881 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,851
Multi-Family
22
Businesses
230
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Listed by: Seth Tuttle Sr • RE/MAX Real Estate Group East
Mls Name: GEMLS
Mls ID: #187343