247 Iron StBerwickPA18603
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 247 Iron St, Berwick, PA, 18603 in Berwick at $145,000 earns $1,080/mo in rent and nets $130/mo after the $652/mo payment, a 8.94% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $40,061 over five years. Ziffy Mortgage underwrites this on a 1.66 DSCR without U.S. credit history. With $1,335/yr in principal paydown, total projected return reaches $63,586.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $130 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices