783 Elk AveRochesterPA15074
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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 Rochester at 783 Elk Ave, Rochester, PA, 15074 priced at $184,900 converts $1,633/mo rent into $421/mo cash flow after a $905/mo obligation. Total monthly income equals $1,633/mo, and annual cash flow totals $5,057/yr on $61,294 invested. Return on cash invested prints 28.16% in year one, and rental yield reads 10.6% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 147.61% and total cumulative return in cash sums $90,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,633/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15074, Rochester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,202 (100%) |
| Owner Occupied HU | 2,531 (60.2%) |
| Renter Occupied HU | 1,159 (27.6%) |
| Vacant Housing Units | 512 (12.2%) |
| Median Home Value | $182,735 |
| Average Home Value | $220,648 |
Housing Distribution
Address Breakdown
Residential
3,928
Single Family
3,725
Multi-Family
203
Businesses
267
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Listed by: Nicolas Supik • CENTURY 21 FRONTIER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1658830
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