409 Summit StGrove CityPA16127
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 Grove City at 409 Summit St, Grove City, PA, 16127 at $144,000 posts ROI 34.37% with $575/mo cash flow from $1,519/mo rent. Total monthly income equals $1,519/mo, and annual cash flow records $6,902/yr on $47,736 to close. Return on cash invested measures 34.37% and rental yield reads 12.66% at the current $144,000. Equity gained on principal adds $929/yr, and 5% annual appreciation supports $39,785 by year five. Five-year ROI prints 180.93% and total cumulative return in cash totals $86,370.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16127, Grove City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,941 (100%) |
| Owner Occupied HU | 4,054 (68.2%) |
| Renter Occupied HU | 1,361 (22.9%) |
| Vacant Housing Units | 526 ( 8.9%) |
| Median Home Value | $250,518 |
| Average Home Value | $292,512 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,343
Multi-Family
142
Businesses
574
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Nearby investment properties with comparable prices
Listed by: Amy Lewis • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1705417