1008 Sonman AvePortagePA15946
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 Portage at 1008 Sonman Ave, Portage, PA, 15946 offers a 10.96% rental yield on a $129,900 purchase with $1,186/mo rent. Total monthly income registers $1,186/mo, and a $636/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,015/yr on $43,062 to close, and return on cash invested stands at 29.23% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 153.37% and total cumulative return in cash at $66,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,186/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15946, Portage, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,214 (73.2%) |
| Renter Occupied HU | 500 (16.5%) |
| Vacant Housing Units | 311 (10.3%) |
| Median Home Value | $152,524 |
| Average Home Value | $176,764 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,877
Multi-Family
46
Businesses
142
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Listed by: Don Colvin & Erin Colvin • RE/MAX POWER Associates
Mls Name: CSMLS
Mls ID: #96037918