320 Madison StSligoPA16255
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 Sligo at 320 Madison St, Sligo, PA, 16255 offers $1,223/mo rent that, after a $636/mo payment, leaves $371/mo cash flow. Total monthly income is $1,223/mo, and annual cash flow is $4,457/yr on $43,095 cash. Return on cash invested measures 30.25% in year one, and rental yield stands at 11.29% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 158.84% and total cumulative return in cash reaches $68,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,223/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16255, Sligo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 828 (100%) |
| Owner Occupied HU | 553 (66.8%) |
| Renter Occupied HU | 189 (22.8%) |
| Vacant Housing Units | 86 (10.4%) |
| Median Home Value | $182,500 |
| Average Home Value | $257,848 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
40
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Nearby investment properties with comparable prices
Listed by: Greg Smathers • Smathers Real Estate
Mls Name: Allegheny Valley BOR
Mls ID: #161642
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.