338 E Center StMount CarmelPA17851
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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
Investment property for sale in Mount Carmel at 338 E Center St, Mount Carmel, PA, 17851 offers a 8.7% rental yield on a $115,000 purchase with $834/mo rent. Total monthly income registers $834/mo, and a $563/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $963/yr on $38,123 to close, and return on cash invested stands at 22.44% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 116.96% and total cumulative return in cash at $44,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17851, Mount Carmel, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,171 (100%) |
| Owner Occupied HU | 2,209 (53.0%) |
| Renter Occupied HU | 998 (23.9%) |
| Vacant Housing Units | 964 (23.1%) |
| Median Home Value | $90,739 |
| Average Home Value | $132,784 |
Housing Distribution
Address Breakdown
Residential
3,571
Single Family
3,446
Multi-Family
125
Businesses
230
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Listed by: RICHARD MICHAEL HALLICK, JR • BRESSI & MARTIN REAL ESTATE, INC. - SHAMOKIN
Mls Name: CSVBOR
Mls ID: #20-100664
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.