311 Harris StSayrePA18840
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
Rental property for sale in Sayre at 311 Harris St, Sayre, PA, 18840 priced at $120,000 converts $2,407/mo rent into $1,621/mo cash flow after a $587/mo obligation. Total monthly income equals $2,407/mo, and annual cash flow totals $19,452/yr on $39,780 invested. Return on cash invested prints 68.81% in year one, and rental yield reads 24.07% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 365.51% and total cumulative return in cash sums $145,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,407/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18840, Sayre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,068 (100%) |
| Owner Occupied HU | 3,091 (61.0%) |
| Renter Occupied HU | 1,518 (30.0%) |
| Vacant Housing Units | 459 ( 9.1%) |
| Median Home Value | $190,170 |
| Average Home Value | $229,716 |
Housing Distribution
Address Breakdown
Residential
4,777
Single Family
4,617
Multi-Family
160
Businesses
389
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Listed by: Sean Anthony • Howard Hanna At Home Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31720107
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.