707 Pine Tree DrGirardPA16417
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
Rental property for sale in Girard at 707 Pine Tree Dr, Girard, PA, 16417 priced at $340,000 pairs $2,291/mo rent with $63/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,291/mo, and annual cash flow comes to $758/yr on $112,710 invested. Return on cash invested is 20.58% in year one, and rental yield stands at 8.09% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 106.95% and total cumulative return in cash reaches $120,546. For financing, Ziffy Mortgage’s DSCR program evaluates $2,291/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.69 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: Toni Smith • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #188913