323 Mercer StTurtle CreekPA15145
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 Turtle Creek at 323 Mercer St, Turtle Creek, PA, 15145 priced at $115,000 converts $907/mo rent into $153/mo cash flow after a $563/mo obligation. Total monthly income equals $907/mo, and annual cash flow totals $1,839/yr on $38,123 invested. Return on cash invested prints 24.73% in year one, and rental yield reads 9.46% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 129.33% and total cumulative return in cash sums $49,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $907/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15145, Turtle Creek, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,634 (100%) |
| Owner Occupied HU | 1,385 (38.1%) |
| Renter Occupied HU | 1,768 (48.7%) |
| Vacant Housing Units | 481 (13.2%) |
| Median Home Value | $105,826 |
| Average Home Value | $172,704 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
2,956
Multi-Family
362
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Reilly • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1723990