683 Mercer New Wilmington Rd EMercerPA16137
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
Investment property for sale in Mercer at 683 Mercer New Wilmington Rd E, Mercer, PA, 16137 uses $74,588 cash to close to unlock $5,338/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,919/mo, and a $1,101/mo payment keeps the spread at $445/mo. Purchase price stands at $225,000, and rental yield measures 10.23% with $1,919/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 141.7% and total cumulative return in cash records $105,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2005
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16137, Mercer, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 3,571 (71.1%) |
| Renter Occupied HU | 809 (16.1%) |
| Vacant Housing Units | 639 (12.7%) |
| Median Home Value | $234,224 |
| Average Home Value | $304,621 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,482
Multi-Family
377
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Hill • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705436
Disclaimer: Listing 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.