292 Old Shaffer RdSomersetPA15501
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 Somerset at 292 Old Shaffer Rd, Somerset, PA, 15501 priced at $143,000 converts $1,067/mo rent into $130/mo cash flow after a $700/mo obligation. Total monthly income equals $1,067/mo, and annual cash flow totals $1,558/yr on $47,405 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 8.95% against a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation compiles into $39,508 by year five. Five-year ROI reaches 120.93% and total cumulative return in cash sums $57,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,067/mo property income covering a $700/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15501, Somerset, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,039 (100%) |
| Owner Occupied HU | 4,542 (56.5%) |
| Renter Occupied HU | 2,126 (26.4%) |
| Vacant Housing Units | 1,371 (17.1%) |
| Median Home Value | $205,451 |
| Average Home Value | $257,262 |
Housing Distribution
Address Breakdown
Residential
7,021
Single Family
6,462
Multi-Family
559
Businesses
946
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Kretchman • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706339
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.