648 Rice AveGirardPA16417
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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
Investment property for sale in Girard at 648 Rice Ave, Girard, PA, 16417 offers a 10.53% rental yield on a $215,900 purchase with $1,894/mo rent. Total monthly income registers $1,894/mo, and a $1,057/mo payment leaves $479/mo available for distribution. Annual cash flow reaches $5,748/yr on $71,571 to close, and return on cash invested stands at 27.94% in year one. Equity gained on principal adds $1,393/yr while 5% annual appreciation supports $59,649 over five years. Portfolio math shows five-year ROI at 146.37% and total cumulative return in cash at $104,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,894/mo property income against a $1,057/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16417, Girard, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,538 (100%) |
| Owner Occupied HU | 2,613 (73.9%) |
| Renter Occupied HU | 679 (19.2%) |
| Vacant Housing Units | 246 ( 7.0%) |
| Median Home Value | $227,120 |
| Average Home Value | $244,686 |
Housing Distribution
Address Breakdown
Residential
3,515
Single Family
3,152
Multi-Family
363
Businesses
233
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Listed by: Sue Weber • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #183681
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.