258 Atlantic AveFranklinPA16323
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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 Franklin at 258 Atlantic Ave, Franklin, PA, 16323 offers a 9.3% rental yield on a $119,000 purchase with $922/mo rent. Total monthly income registers $922/mo, and a $582/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,712/yr on $39,449 to close, and return on cash invested stands at 24.25% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 126.62% and total cumulative return in cash at $49,949. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $922/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16323, Franklin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 4,678 (64.0%) |
| Renter Occupied HU | 1,781 (24.4%) |
| Vacant Housing Units | 849 (11.6%) |
| Median Home Value | $147,654 |
| Average Home Value | $190,611 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,570
Multi-Family
259
Businesses
633
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Listed by: Allen Sharrer • 1st Rate Realty, LLC
Mls Name: Allegheny Valley BOR
Mls ID: #161911