5 Davidson AveElramaPA15038
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 Elrama at 5 Davidson Ave, Elrama, PA, 15038 offers a 9.05% rental yield on a $139,900 purchase with $1,055/mo rent. Total monthly income registers $1,055/mo, and a $685/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,656/yr on $46,377 to close, and return on cash invested stands at 23.48% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 122.47% and total cumulative return in cash at $56,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,055/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,501 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Libby Sosinski • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1698645
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.