500 Underwood AveElizabethPA15037
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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 Elizabeth at 500 Underwood Ave, Elizabeth, PA, 15037 with 5% annual appreciation on a $224,700 basis while $2,011/mo rent supports operations. Total monthly income totals $2,011/mo and a $1,100/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,460/yr on $74,488 deployed, and return on cash invested reaches 28.58% in year one. Equity gained on principal adds $1,450/yr, and five-year appreciation sums $62,080 alongside rental yield of 10.74%. Five-year ROI measures 149.87% and total cumulative return in cash totals $111,635.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,011/mo property income versus a $1,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15037, Elizabeth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,826 (100%) |
| Owner Occupied HU | 3,781 (78.3%) |
| Renter Occupied HU | 683 (14.2%) |
| Vacant Housing Units | 362 ( 7.5%) |
| Median Home Value | $224,663 |
| Average Home Value | $258,831 |
Housing Distribution
Address Breakdown
Residential
4,544
Single Family
4,500
Multi-Family
44
Businesses
272
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Listed by: Lindsie Zatezalo • PLACE TRUST, INC.
Mls Name: WPMLS
Mls ID: #1737779