610 W Main StGrove CityPA16127
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
Rental property for sale in Grove City at 610 W Main St, Grove City, PA, 16127 generates $882/mo in rent, after a $1,322/mo payment. Total monthly income is $882/mo. Return on cash invested sits at 8.01% in year one, and rental yield is 3.92% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 39.54% and total cumulative return in cash sums $35,389. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $882/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Bonner • BONNER REALTY LLC
Mls Name: WPMLS
Mls ID: #1735451