2853 Wharton Rd NAustinPA16720
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 Austin at 2853 Wharton Rd N, Austin, PA, 16720 offers $890/mo rent that, after a $563/mo payment, leaves $136/mo cash flow. Total monthly income is $890/mo, and annual cash flow is $1,635/yr on $38,123 cash. Return on cash invested measures 24.2% in year one, and rental yield stands at 9.29% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 126.41% and total cumulative return in cash reaches $48,189. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $890/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16720, Austin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,892 (100%) |
| Owner Occupied HU | 411 (21.7%) |
| Renter Occupied HU | 81 ( 4.3%) |
| Vacant Housing Units | 1,400 (74.0%) |
| Median Home Value | $159,766 |
| Average Home Value | $246,046 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
33
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Listed by: Angela Short • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1656292
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.