402 Ekin StElizabethPA15037
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
Investment property for sale in Elizabeth at 402 Ekin St, Elizabeth, PA, 15037 uses $89,472 cash to close to unlock $9,497/yr annual cash flow and $791/mo monthly cash flow. Total monthly income runs $2,560/mo, and a $1,321/mo payment keeps the spread at $791/mo. Purchase price stands at $269,900, and rental yield measures 11.38% with $2,560/mo rent. Return on cash invested shows 30.52% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 160.27% and total cumulative return in cash records $143,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,560/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15037, Elizabeth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,826 (100%) |
| Owner Occupied HU | 3,781 (78.3%) |
| Renter Occupied HU | 683 (14.2%) |
| Vacant Housing Units | 362 ( 7.5%) |
| Median Home Value | $224,663 |
| Average Home Value | $258,831 |
Housing Distribution
Address Breakdown
Residential
4,544
Single Family
4,500
Multi-Family
44
Businesses
272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jingli Zhang • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls ID: #1736039