238 Spring St #240HarwickPA15049
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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 Harwick at 238 Spring St #240, Harwick, PA, 15049 generates $1,247/mo in rent and, after a $783/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,247/mo, and annual cash flow is $2,128/yr on $53,040 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 9.35% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 125.09% and total cumulative return in cash sums $66,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,247/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15049, Harwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 322 (70.3%) |
| Renter Occupied HU | 91 (19.9%) |
| Vacant Housing Units | 45 ( 9.8%) |
| Median Home Value | $200,000 |
| Average Home Value | $250,466 |
Housing Distribution
Address Breakdown
Residential
466
Single Family
466
Multi-Family
0
Businesses
17
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Listed by: Alicia Stanciu • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls Provider:
Mls ID: #1713316
Disclaimer: Listing 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.