315 Laura StPhilipsburgPA16866
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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 Philipsburg at 315 Laura St, Philipsburg, PA, 16866 priced at $144,900 converts $1,440/mo rent into $491/mo cash flow after a $709/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $5,888/yr on $48,034 invested. Return on cash invested prints 32.17% in year one, and rental yield reads 11.93% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 169.08% and total cumulative return in cash sums $81,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 1890
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16866, Philipsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,024 (100%) |
| Owner Occupied HU | 2,468 (61.3%) |
| Renter Occupied HU | 1,088 (27.0%) |
| Vacant Housing Units | 468 (11.6%) |
| Median Home Value | $162,539 |
| Average Home Value | $213,907 |
Housing Distribution
Address Breakdown
Residential
3,729
Single Family
3,425
Multi-Family
304
Businesses
414
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Listed by: Chris Bickford • Keller Williams Advantage Realty
Mls Name: Bright MLS
Mls ID: #PACD2045068