916 16th StElizabethPA15037
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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 Elizabeth at 916 16th St, Elizabeth, PA, 15037 offers a 9.22% rental yield on a $165,000 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $808/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,236/yr on $54,698 to close, and return on cash invested stands at 24% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 125.29% and total cumulative return in cash at $68,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15037, Elizabeth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,826 (100%) |
| Owner Occupied HU | 3,781 (78.3%) |
| Renter Occupied HU | 683 (14.2%) |
| Vacant Housing Units | 362 ( 7.5%) |
| Median Home Value | $224,663 |
| Average Home Value | $258,831 |
Housing Distribution
Address Breakdown
Residential
4,544
Single Family
4,500
Multi-Family
44
Businesses
272
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Listed by: Lindsay Grice • REALTY CO LLC
Mls Name: WPMLS
Mls ID: #1732311