46 Davidson AveElramaPA15038
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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 Elrama at 46 Davidson Ave, Elrama, PA, 15038 earns $214/mo cash flow from $1,361/mo rent with a $857/mo payment. Total monthly income totals $1,361/mo, and annual cash flow totals $2,565/yr on $58,013 capital. ROI tracks 24.33% on current figures, and rental yield reads 9.33% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 127.06% and total cumulative return in cash sums $73,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.
Single Family
Built in 2000
2,879 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15038, Elrama, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 102 (72.3%) |
| Renter Occupied HU | 18 (12.8%) |
| Vacant Housing Units | 21 (14.9%) |
| Median Home Value | $171,053 |
| Average Home Value | $192,230 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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Listed by: Jennifer Hoberman • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1730458