302 Green Lake DrMarsPA16046
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
Investment property for sale in Mars at 302 Green Lake Dr, Mars, PA, 16046 listed at $1,130,000 pairs $7,237/mo rent with a $5,531/mo payment. Total monthly income runs $7,237/mo. Return on cash invested measures 19.62% in year one, and rental yield registers 7.69% at a $1,130,000 basis. Equity gained on principal adds $7,292/yr, and annual property appreciation at 5% supports $312,198 by year five. Five-year ROI tracks 101.76% and total cumulative return in cash totals $372,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,237/mo property income relative to a $5,531/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
2.45 Acres lot
$N/A/sqft
$725 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16046, Mars, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,577 (100%) |
| Owner Occupied HU | 5,735 (75.7%) |
| Renter Occupied HU | 1,372 (18.1%) |
| Vacant Housing Units | 470 ( 6.2%) |
| Median Home Value | $497,910 |
| Average Home Value | $569,567 |
Housing Distribution
Address Breakdown
Residential
7,176
Single Family
7,051
Multi-Family
125
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Solomon • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697465
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.