246 Adams Pointe Blvd UNIT 1MarsPA16046
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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
Investment property for sale in Mars at 246 Adams Pointe Blvd UNIT 1, Mars, PA, 16046 offers a 8.09% rental yield on a $309,000 purchase with $2,082/mo rent. Total monthly income registers $2,082/mo, and a $1,512/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $691/yr on $102,434 to close, and return on cash invested stands at 20.58% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 106.94% and total cumulative return in cash at $109,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,082/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
1,263 sqft 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: Juliette Thomas • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1735360