309 E 7th StBerwickPA18603
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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
Investment property for sale in Berwick at 309 E 7th St, Berwick, PA, 18603 offers a 9.14% rental yield on a $165,000 purchase with $1,257/mo rent. Total monthly income registers $1,257/mo, and a $808/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,104/yr on $54,698 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 124.02% and total cumulative return in cash at $67,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,257/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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Listed by: GERALDINE WOZNIAK • REALTY WORLD MASICH & DELL
Mls Name: CSVBOR
Mls ID: #20-101441