256 W Fairview StSomersetPA15501
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 256 W Fairview St, Somerset, PA, 15501 in Somerset at $140,000 earns $1,111/mo in rent and nets $194/mo after the $664/mo payment, a 9.52% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $38,679 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $1,174/yr in principal paydown, total projected return reaches $63,124.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $194 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,111 |
| Total Monthly Debt Service | $896 |
| DSCR Ratio | 1.24x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1876
3,615 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15501, Somerset, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,039 (100%) |
| Owner Occupied HU | 4,542 (56.5%) |
| Renter Occupied HU | 2,126 (26.4%) |
| Vacant Housing Units | 1,371 (17.1%) |
| Median Home Value | $205,451 |
| Average Home Value | $257,262 |
Housing Distribution
Address Breakdown
Residential
7,021
Single Family
6,462
Multi-Family
559
Businesses
946
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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
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Listed by: N/A • N/A
Mls Name: WPMLS
Mls Provider:
Mls ID: #1771817
