329 Norris StSharonPA16146
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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 Sharon at 329 Norris St, Sharon, PA, 16146 generates $1,121/mo in rent, after a $881/mo payment. Total monthly income is $1,121/mo. Return on cash invested sits at 18.73% in year one, and rental yield is 7.47% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 97.04% and total cumulative return in cash sums $57,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,121/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16146, Sharon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 3,102 (46.0%) |
| Renter Occupied HU | 2,549 (37.8%) |
| Vacant Housing Units | 1,096 (16.2%) |
| Median Home Value | $82,448 |
| Average Home Value | $130,148 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,144
Multi-Family
651
Businesses
424
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Listed by: Melissa Lonsinger • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1725127