304 2nd AveBerlinPA15530
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 Berlin at 304 2nd Ave, Berlin, PA, 15530 offers a 8.36% rental yield on a $315,000 purchase with $2,194/mo rent. Total monthly income registers $2,194/mo, and a $1,542/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,555/yr on $104,423 to close, and return on cash invested stands at 21.4% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 111.33% and total cumulative return in cash at $116,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15530, Berlin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,635 (71.4%) |
| Renter Occupied HU | 440 (19.2%) |
| Vacant Housing Units | 216 ( 9.4%) |
| Median Home Value | $190,804 |
| Average Home Value | $238,483 |
Housing Distribution
Address Breakdown
Residential
2,096
Single Family
2,031
Multi-Family
65
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Hohman • INDIAN LAKE REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1667598
Disclaimer: IDX 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.