701 Spencer AveSharonPA16146
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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 Sharon at 701 Spencer Ave, Sharon, PA, 16146 listed at $108,000 pairs $982/mo rent with a $529/mo payment to leave $229/mo cash flow. Total monthly income runs $982/mo, and annual cash flow reaches $2,742/yr on $35,802 cash to close. Return on cash invested measures 27.57% in year one, and rental yield registers 10.91% at a $108,000 basis. Equity gained on principal adds $697/yr, and annual property appreciation at 5% supports $29,838 by year five. Five-year ROI tracks 145.02% and total cumulative return in cash totals $51,920. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $982/mo property income relative to a $529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16146, Sharon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 3,102 (46.0%) |
| Renter Occupied HU | 2,549 (37.8%) |
| Vacant Housing Units | 1,096 (16.2%) |
| Median Home Value | $82,448 |
| Average Home Value | $130,148 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,144
Multi-Family
651
Businesses
424
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Listed by: Kim Cragle • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1699130
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.