357 Walnut StHowardPA16841
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 Howard at 357 Walnut St, Howard, PA, 16841 offers $1,908/mo rent that, after a $974/mo payment, leaves $604/mo cash flow. Total monthly income is $1,908/mo, and annual cash flow is $7,248/yr on $65,969 cash. Return on cash invested measures 30.9% in year one, and rental yield stands at 11.51% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 162.21% and total cumulative return in cash reaches $107,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,908/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16841, Howard, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,366 (100%) |
| Owner Occupied HU | 1,760 (74.4%) |
| Renter Occupied HU | 342 (14.5%) |
| Vacant Housing Units | 264 (11.2%) |
| Median Home Value | $307,295 |
| Average Home Value | $371,920 |
Housing Distribution
Address Breakdown
Residential
1,970
Single Family
1,970
Multi-Family
0
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Calandra Witmer • Kissinger, Bigatel & Brower
Mls Name: Bright MLS
Mls ID: #PACE2514724