3887 Saranac Dr SSharpsvillePA16150
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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 Sharpsville at 3887 Saranac Dr S, Sharpsville, PA, 16150 offers a 8.5% rental yield on a $265,000 purchase with $1,877/mo rent. Total monthly income registers $1,877/mo, and a $1,297/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,686/yr on $87,848 to close, and return on cash invested stands at 21.83% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 113.64% and total cumulative return in cash at $99,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,877/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16150, Sharpsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,385 (68.4%) |
| Renter Occupied HU | 797 (22.9%) |
| Vacant Housing Units | 303 ( 8.7%) |
| Median Home Value | $168,664 |
| Average Home Value | $224,741 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,038
Multi-Family
149
Businesses
159
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Listed by: Jeffrey Miller • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1723461