289 Main StNicholsonPA18446
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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 Nicholson at 289 Main St, Nicholson, PA, 18446 uses $71,273 cash to close to unlock $4,314/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $1,052/mo payment keeps the spread at $359/mo. Purchase price stands at $215,000, and rental yield measures 9.87% with $1,768/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 135.81% and total cumulative return in cash records $96,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18446, Nicholson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,756 (100%) |
| Owner Occupied HU | 1,084 (61.7%) |
| Renter Occupied HU | 324 (18.5%) |
| Vacant Housing Units | 348 (19.8%) |
| Median Home Value | $249,401 |
| Average Home Value | $309,071 |
Housing Distribution
Address Breakdown
Residential
1,354
Single Family
1,330
Multi-Family
24
Businesses
73
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Listed by: Riley Richard Weida • Next Door Real Estate LLC
Mls Name: GSBR
Mls ID: #SC255150