405-407 Mercer StBerwickPA18603
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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 Berwick at 405-407 Mercer St, Berwick, PA, 18603 offers a 8.39% rental yield on a $169,900 purchase with $1,188/mo rent. Total monthly income registers $1,188/mo, and a $832/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $891/yr on $56,322 to close, and return on cash invested stands at 21.49% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 111.88% and total cumulative return in cash at $63,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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Listed by: SHANNON KULP AUCHTER • PRO Real Estate Services, Inc.
Mls Name: CSVBOR
Mls ID: #20-101587