37 W Main StRichlandPA17087
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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 Richland at 37 W Main St, Richland, PA, 17087 listed at $264,900 pairs $2,023/mo rent with a $1,297/mo payment to leave $287/mo cash flow. Total monthly income runs $2,023/mo, and annual cash flow reaches $3,440/yr on $87,814 cash to close. Return on cash invested measures 23.83% in year one, and rental yield registers 9.16% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 124.33% and total cumulative return in cash totals $109,184. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,023/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17087, Richland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 878 (78.7%) |
| Renter Occupied HU | 197 (17.7%) |
| Vacant Housing Units | 41 ( 3.7%) |
| Median Home Value | $273,718 |
| Average Home Value | $333,408 |
Housing Distribution
Address Breakdown
Residential
612
Single Family
612
Multi-Family
0
Businesses
61
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Listed by: Dave Hinkel • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2023034