345 Hallam AveMeadow LandsPA15347
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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 Meadow Lands at 345 Hallam Ave, Meadow Lands, PA, 15347 offers a 10.05% rental yield on a $240,000 purchase with $2,011/mo rent. Total monthly income registers $2,011/mo, and a $1,175/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,256/yr on $79,560 to close, and return on cash invested stands at 26.52% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 138.74% and total cumulative return in cash at $110,378. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,011/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15347, Meadow Lands, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 233 (80.1%) |
| Renter Occupied HU | 39 (13.4%) |
| Vacant Housing Units | 19 ( 6.5%) |
| Median Home Value | $417,532 |
| Average Home Value | $420,290 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
62
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Listed by: Emily Platts • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1707870
Disclaimer: Listing 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.