300 Ormond AveSharonPA16146
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 Sharon at 300 Ormond Ave, Sharon, PA, 16146 priced at $105,000 pairs $802/mo rent with $114/mo cash flow after a $514/mo payment. Total monthly income equals $802/mo, and annual cash flow comes to $1,366/yr on $34,808 invested. Return on cash invested is 23.83% in year one, and rental yield stands at 9.17% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 124.36% and total cumulative return in cash reaches $43,286. For financing, Ziffy Mortgage’s DSCR program evaluates $802/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16146, Sharon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 3,102 (46.0%) |
| Renter Occupied HU | 2,549 (37.8%) |
| Vacant Housing Units | 1,096 (16.2%) |
| Median Home Value | $82,448 |
| Average Home Value | $130,148 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,144
Multi-Family
651
Businesses
424
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Listed by: Malinda Koncar • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1730345