301 Meyers AveMeyersdalePA15552
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 301 Meyers Ave, Meyersdale, PA, 15552 in Meyersdale fits: $625,000, 1.75% gross yield, and a projected 5% annual appreciation rate adding $172,676 in value within five years. Rental yield 1.75%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.32) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,756/yr in principal paydown and $172,676 in appreciation project a total return of $33,034.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.8% | 6.2% |
| Monthly Cash Flow | $(3,186) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $910 |
| Total Monthly Debt Service | $3,847 |
| DSCR Ratio | 0.24x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1873
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15552, Meyersdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,813 (68.1%) |
| Renter Occupied HU | 555 (20.8%) |
| Vacant Housing Units | 295 (11.1%) |
| Median Home Value | $146,645 |
| Average Home Value | $187,125 |
Housing Distribution
Address Breakdown
Residential
2,415
Single Family
2,346
Multi-Family
69
Businesses
175
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
Single Family
Built in 1873
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15552, Meyersdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,813 (68.1%) |
| Renter Occupied HU | 555 (20.8%) |
| Vacant Housing Units | 295 (11.1%) |
| Median Home Value | $146,645 |
| Average Home Value | $187,125 |
Housing Distribution
Address Breakdown
Residential
2,415
Single Family
2,346
Multi-Family
69
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Kelly • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1700007