753 Norwegian Spruce DrMarsPA16046
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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
Rental property for sale in Mars at 753 Norwegian Spruce Dr, Mars, PA, 16046 offers $2,776/mo rent that, after a $1,810/mo payment, leaves $258/mo cash flow. Total monthly income is $2,776/mo, and annual cash flow is $3,091/yr on $122,622 cash. Return on cash invested measures 22.43% in year one, and rental yield stands at 9.01% at a $369,900 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,197 by year five. Five-year ROI records 117.19% and total cumulative return in cash reaches $143,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,776/mo property income versus a $1,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
4,051 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16046, Mars, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,577 (100%) |
| Owner Occupied HU | 5,735 (75.7%) |
| Renter Occupied HU | 1,372 (18.1%) |
| Vacant Housing Units | 470 ( 6.2%) |
| Median Home Value | $497,910 |
| Average Home Value | $569,567 |
Housing Distribution
Address Breakdown
Residential
7,176
Single Family
7,051
Multi-Family
125
Businesses
484
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Listed by: Dustin Hook • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1686503
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.