408 W Main StSomersetPA15501
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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 Somerset at 408 W Main St, Somerset, PA, 15501 at $110,000 posts ROI 39.69% with $601/mo cash flow from $1,476/mo rent. Total monthly income equals $1,476/mo, and annual cash flow records $7,212/yr on $36,465 to close. Return on cash invested measures 39.69% and rental yield reads 16.1% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 211.37% and total cumulative return in cash totals $77,076.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,476/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15501, Somerset, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,039 (100%) |
| Owner Occupied HU | 4,542 (56.5%) |
| Renter Occupied HU | 2,126 (26.4%) |
| Vacant Housing Units | 1,371 (17.1%) |
| Median Home Value | $205,451 |
| Average Home Value | $257,262 |
Housing Distribution
Address Breakdown
Residential
7,021
Single Family
6,462
Multi-Family
559
Businesses
946
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Listed by: R Scott Boyer • RE/MAX PREMIER, REALTORS
Mls Name: WPMLS
Mls Provider:
Mls ID: #1699728
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.