424 E 6th StMount CarmelPA17851
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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
Rental property for sale in Mount Carmel at 424 E 6th St, Mount Carmel, PA, 17851 offers $1,446/mo rent that, after a $857/mo payment, leaves $299/mo cash flow. Total monthly income is $1,446/mo, and annual cash flow is $3,585/yr on $58,013 cash. Return on cash invested measures 26.09% in year one, and rental yield stands at 9.92% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 136.47% and total cumulative return in cash reaches $79,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,446/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17851, Mount Carmel, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,171 (100%) |
| Owner Occupied HU | 2,209 (53.0%) |
| Renter Occupied HU | 998 (23.9%) |
| Vacant Housing Units | 964 (23.1%) |
| Median Home Value | $90,739 |
| Average Home Value | $132,784 |
Housing Distribution
Address Breakdown
Residential
3,571
Single Family
3,446
Multi-Family
125
Businesses
230
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Listed by: JANET M HUMMER • VILLAGER REALTY, INC. - DANVILLE
Mls Name: CSVBOR
Mls ID: #20-99180
Disclaimer: IDX 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.