1006 High StWest NewtonPA15089
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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 West Newton at 1006 High St, West Newton, PA, 15089 offers a 7.81% rental yield on a $235,000 purchase with $1,530/mo rent. 76% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 102.56% and total cumulative return in cash at $79,900. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15089, West Newton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,320 (73.3%) |
| Renter Occupied HU | 629 (19.9%) |
| Vacant Housing Units | 214 ( 6.8%) |
| Median Home Value | $203,801 |
| Average Home Value | $258,024 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,717
Multi-Family
140
Businesses
174
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Listed by: Patricia Mrochek • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1715885