507 E 8th StBerwickPA18603
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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 Berwick at 507 E 8th St, Berwick, PA, 18603 generates $1,805/mo in rent and, after a $901/mo payment, leaves $599/mo in cash flow. Total monthly income is $1,805/mo, and annual cash flow is $7,186/yr on $60,996 invested. Return on cash invested sits at 31.69% in year one, and rental yield is 11.77% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 166.5% and total cumulative return in cash sums $101,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,805/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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Listed by: SHERRY L CONKLIN • KEY PARTNERS REALTY, LLC
Mls Name: CSVBOR
Mls ID: #20-98496
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.