228 N Broad StGrove CityPA16127
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
Investment property for sale in Grove City at 228 N Broad St, Grove City, PA, 16127 earns $127/mo cash flow from $1,594/mo rent with a $1,096/mo payment. Total monthly income totals $1,594/mo, and annual cash flow totals $1,520/yr on $74,223 capital. ROI tracks 21.96% on current figures, and rental yield reads 8.54% at a $223,900 purchase. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,859 over five years. Five-year ROI reaches 114.32% and total cumulative return in cash sums $84,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,594/mo property income instead of your personal income.
Multi Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16127, Grove City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,941 (100%) |
| Owner Occupied HU | 4,054 (68.2%) |
| Renter Occupied HU | 1,361 (22.9%) |
| Vacant Housing Units | 526 ( 8.9%) |
| Median Home Value | $250,518 |
| Average Home Value | $292,512 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,343
Multi-Family
142
Businesses
574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Schneider • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1674582
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.