844 Spencer AveSharonPA16146
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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 Sharon at 844 Spencer Ave, Sharon, PA, 16146 priced at $104,900 converts $821/mo rent into $21/mo cash flow after a $513/mo obligation. Total monthly income equals $821/mo, and annual cash flow totals $250/yr on $34,774 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 9.39% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 108.58% and total cumulative return in cash sums $37,758. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $821/mo property income covering a $513/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16146, Sharon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 3,102 (46.0%) |
| Renter Occupied HU | 2,549 (37.8%) |
| Vacant Housing Units | 1,096 (16.2%) |
| Median Home Value | $82,448 |
| Average Home Value | $130,148 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,144
Multi-Family
651
Businesses
424
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Listed by: Paul Masters • INTERSTATE REAL ESTATE SERVICES, INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1715701
Disclaimer: Listing 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.