250 W North StMercerPA16137
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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 Mercer at 250 W North St, Mercer, PA, 16137 priced at $224,900 pairs $1,564/mo rent with $90/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,564/mo, and annual cash flow comes to $1,080/yr on $74,554 invested. Return on cash invested is 21.36% in year one, and rental yield stands at 8.35% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 111.16% and total cumulative return in cash reaches $82,873. For financing, Ziffy Mortgage’s DSCR program evaluates $1,564/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16137, Mercer, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 3,571 (71.1%) |
| Renter Occupied HU | 809 (16.1%) |
| Vacant Housing Units | 639 (12.7%) |
| Median Home Value | $234,224 |
| Average Home Value | $304,621 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,482
Multi-Family
377
Businesses
397
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Listed by: James Bickel • LOCAL REAL ESTATE LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697642
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.