719-721 E 2nd StBerwickPA18603
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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 Berwick at 719-721 E 2nd St, Berwick, PA, 18603 uses $48,731 cash to close to unlock $1,407/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $719/mo payment keeps the spread at $117/mo. Purchase price stands at $147,000, and rental yield measures 8.82% with $1,080/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 118.87% and total cumulative return in cash records $57,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $719/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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Listed by: David M Sweeney • USREALTY.COM LLP
Mls Name: CSVBOR
Mls ID: #20-98000
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.