355 Locust StJersey ShorePA17740
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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 Jersey Shore at 355 Locust St, Jersey Shore, PA, 17740 offers $1,829/mo rent that, after a $930/mo payment, leaves $584/mo cash flow. Total monthly income is $1,829/mo, and annual cash flow is $7,007/yr on $62,985 cash. Return on cash invested measures 31.03% in year one, and rental yield stands at 11.55% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 162.97% and total cumulative return in cash reaches $102,648. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,829/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17740, Jersey Shore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,641 (100%) |
| Owner Occupied HU | 3,785 (67.1%) |
| Renter Occupied HU | 1,218 (21.6%) |
| Vacant Housing Units | 638 (11.3%) |
| Median Home Value | $223,754 |
| Average Home Value | $271,316 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,236
Multi-Family
144
Businesses
288
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Listed by: Larilyn L. Arndt • Century 21 1st Choice Realty
Mls Name: West Branch Valley AOR
Mls ID: #WB-99490
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.