81 Erie RdRussellPA16345
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
Investment property for sale in Russell at 81 Erie Rd, Russell, PA, 16345 uses $49,062 cash to close to unlock $3,295/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $724/mo payment keeps the spread at $275/mo. Purchase price stands at $148,000, and rental yield measures 10.09% with $1,244/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 139.4% and total cumulative return in cash records $68,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $724/mo payment rather than investor’s personal income.
Manufactured
Built in 1970
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16345, Russell, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,338 (75.6%) |
| Renter Occupied HU | 176 ( 9.9%) |
| Vacant Housing Units | 256 (14.5%) |
| Median Home Value | $220,046 |
| Average Home Value | $244,354 |
Housing Distribution
Address Breakdown
Residential
1,472
Single Family
1,472
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caroline Hayes • Exp Realty, LLC
Mls Name: Warren County BOR
Mls ID: #13810
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.