257 Boyers RdHarrisvillePA16038
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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 Harrisville at 257 Boyers Rd, Harrisville, PA, 16038 uses $53,703 cash to close to unlock $5,992/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $1,561/mo, and a $793/mo payment keeps the spread at $499/mo. Purchase price stands at $162,000, and rental yield measures 11.56% with $1,561/mo rent. Return on cash invested shows 31.07% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 163.22% and total cumulative return in cash records $87,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,561/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16038, Harrisville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,504 (100%) |
| Owner Occupied HU | 1,108 (73.7%) |
| Renter Occupied HU | 235 (15.6%) |
| Vacant Housing Units | 161 (10.7%) |
| Median Home Value | $233,092 |
| Average Home Value | $336,947 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,187
Multi-Family
0
Businesses
93
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Listed by: Gaye Mack • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1731651