285 Patton RdHarrisvillePA16038
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
Investment Highlights
Rental property for sale in Harrisville at 285 Patton Rd, Harrisville, PA, 16038 offers $1,639/mo rent that, after a $1,223/mo payment, leaves $2/mo cash flow. Total monthly income is $1,639/mo, and annual cash flow is $19/yr on $82,842 cash. Return on cash invested measures 19.93% in year one, and rental yield stands at 7.87% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 103.46% and total cumulative return in cash reaches $85,706. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,639/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.61 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gaye Mack • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705712
Disclaimer: Listing 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.