7 Fairview PlElramaPA15038
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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 Elrama at 7 Fairview Pl, Elrama, PA, 15038 uses $41,404 cash to close to unlock $1,715/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $961/mo, and a $611/mo payment keeps the spread at $143/mo. Purchase price stands at $124,900, and rental yield measures 9.23% with $961/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash records $51,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $961/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15038, Elrama, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 102 (72.3%) |
| Renter Occupied HU | 18 (12.8%) |
| Vacant Housing Units | 21 (14.9%) |
| Median Home Value | $171,053 |
| Average Home Value | $192,230 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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Listed by: Gina Jaki • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls Provider:
Mls ID: #1703210
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.