303 N Wabash AveParkerPA16049
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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 Parker at 303 N Wabash Ave, Parker, PA, 16049 priced at $299,900 pairs $1,462/mo rent with after a $1,468/mo payment. Total monthly income equals $1,462/mo. Return on cash invested is 13.83% in year one, and rental yield stands at 5.85% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 70.75% and total cumulative return in cash reaches $70,336. For financing, Ziffy Mortgage’s DSCR program evaluates $1,462/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16049, Parker, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,760 (100%) |
| Owner Occupied HU | 1,110 (63.1%) |
| Renter Occupied HU | 231 (13.1%) |
| Vacant Housing Units | 419 (23.8%) |
| Median Home Value | $168,158 |
| Average Home Value | $234,410 |
Housing Distribution
Address Breakdown
Residential
1,312
Single Family
1,285
Multi-Family
27
Businesses
56
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Listed by: David Hall • ERA JOHNSON REAL ESTATE INC.
Mls Name: WPMLS
Mls ID: #1721736