31 W 2nd StMount CarmelPA17851
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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 Mount Carmel at 31 W 2nd St, Mount Carmel, PA, 17851 offers $852/mo rent that, after a $524/mo payment, leaves $151/mo cash flow. Total monthly income is $852/mo, and annual cash flow is $1,807/yr on $35,471 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9.56% at a $107,000 entry. Equity gained on principal adds $690/yr while 5% annual appreciation compounds into $29,562 by year five. Five-year ROI records 130.74% and total cumulative return in cash reaches $46,374. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $852/mo property income versus a $524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17851, Mount Carmel, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,171 (100%) |
| Owner Occupied HU | 2,209 (53.0%) |
| Renter Occupied HU | 998 (23.9%) |
| Vacant Housing Units | 964 (23.1%) |
| Median Home Value | $90,739 |
| Average Home Value | $132,784 |
Housing Distribution
Address Breakdown
Residential
3,571
Single Family
3,446
Multi-Family
125
Businesses
230
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Listed by: Jasmine Rapp • REALTY WORLD MOLESEVICH & ASSOCIATES
Mls Name: CSVBOR
Mls ID: #20-100139
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.