29 W Elm StHomer CityPA15748
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 Homer City at 29 W Elm St, Homer City, PA, 15748 priced at $149,000 pairs $1,441/mo rent with $465/mo cash flow after a $729/mo payment. Total monthly income equals $1,441/mo, and annual cash flow comes to $5,579/yr on $49,394 invested. Return on cash invested is 31.2% in year one, and rental yield stands at 11.61% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 163.9% and total cumulative return in cash reaches $80,956. For financing, Ziffy Mortgage’s DSCR program evaluates $1,441/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15748, Homer City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,178 (100%) |
| Owner Occupied HU | 2,260 (71.1%) |
| Renter Occupied HU | 593 (18.7%) |
| Vacant Housing Units | 325 (10.2%) |
| Median Home Value | $165,957 |
| Average Home Value | $207,573 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,876
Multi-Family
25
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gracy Risinger • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls ID: #1729858