6291 Old Erie PikeWest DecaturPA16878
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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 West Decatur at 6291 Old Erie Pike, West Decatur, PA, 16878 offers $1,478/mo rent that, after a $1,248/mo payment. Total monthly income is $1,478/mo. Return on cash invested measures 17.17% in year one, and rental yield stands at 6.96% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 88.69% and total cumulative return in cash reaches $74,972. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,478/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16878, West Decatur, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 639 (75.8%) |
| Renter Occupied HU | 86 (10.2%) |
| Vacant Housing Units | 118 (14.0%) |
| Median Home Value | $194,318 |
| Average Home Value | $255,982 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
21
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Listed by: Melisa Seger • Keller Williams Advantage Realty
Mls Name: Bright MLS
Mls ID: #PACD2044832