314 Oakland AveMercerPA16127
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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 Mercer at 314 Oakland Ave, Mercer, PA, 16127 priced at $149,900 pairs $2,292/mo rent with $1,309/mo cash flow after a $734/mo payment. Total monthly income equals $2,292/mo, and annual cash flow comes to $15,713/yr on $49,692 invested. Return on cash invested is 51.53% in year one, and rental yield stands at 18.35% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 272.93% and total cumulative return in cash reaches $135,623. For financing, Ziffy Mortgage’s DSCR program evaluates $2,292/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16127, Grove City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,941 (100%) |
| Owner Occupied HU | 4,054 (68.2%) |
| Renter Occupied HU | 1,361 (22.9%) |
| Vacant Housing Units | 526 ( 8.9%) |
| Median Home Value | $250,518 |
| Average Home Value | $292,512 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,343
Multi-Family
142
Businesses
574
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Listed by: Georgie Hodge • GROVE CITY REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1670677
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.