714 Rice AveGirardPA16417
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 714 Rice Ave, Girard, PA, 16417 offers $1,410/mo rent that, after a $807/mo payment, leaves $330/mo cash flow. Total monthly income is $1,410/mo, and annual cash flow is $3,954/yr on $54,664 cash. Return on cash invested measures 27.14% in year one, and rental yield stands at 10.26% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 142.13% and total cumulative return in cash reaches $77,692. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,410/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1864
0.52 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: Brian Eastman • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #187073