374 Latonka DrMercerPA16137
Nearby investment properties with comparable rents
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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 Mercer at 374 Latonka Dr, Mercer, PA, 16137 at $849,900 posts ROI 1.17% with from $1,168/mo rent. Total monthly income equals $1,168/mo. Return on cash invested measures 1.17% and rental yield reads 1.65% at the current $849,900. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 by year five. Five-year ROI prints 2.81% and total cumulative return in cash totals $7,850. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,168/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16137, Mercer, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 3,571 (71.1%) |
| Renter Occupied HU | 809 (16.1%) |
| Vacant Housing Units | 639 (12.7%) |
| Median Home Value | $234,224 |
| Average Home Value | $304,621 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,482
Multi-Family
377
Businesses
397
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Nearby investment properties with comparable prices
Listed by: Allen Fry • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1700484