501 College AveGrove CityPA16127
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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 Grove City at 501 College Ave, Grove City, PA, 16127 generates $1,265/mo in rent and, after a $783/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,265/mo, and annual cash flow is $2,600/yr on $53,040 invested. Return on cash invested sits at 24.81% in year one, and rental yield is 9.49% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 129.64% and total cumulative return in cash sums $68,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,265/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
5,998 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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Listed by: Makayla Kimbel • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1726712