603 Pa #88ElcoPA15434
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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 Elco at 603 Pa #88, Elco, PA, 15434 generates $1,319/mo in rent and, after a $842/mo payment, leaves $192/mo in cash flow. Total monthly income is $1,319/mo, and annual cash flow is $2,301/yr on $57,018 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 9.2% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 124.97% and total cumulative return in cash sums $71,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,319/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15434, Elco, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 107 (75.9%) |
| Renter Occupied HU | 16 (11.3%) |
| Vacant Housing Units | 18 (12.8%) |
| Median Home Value | $127,679 |
| Average Home Value | $181,472 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
1
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Listed by: Michelle Rollins • SIMPLIHOM
Mls Name: WPMLS
Mls ID: #1729455