1014 Carriage LnSaxonburgPA16056
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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 Saxonburg at 1014 Carriage Ln, Saxonburg, PA, 16056 priced at $369,600 pairs $2,590/mo rent with after a $1,809/mo payment. Total monthly income equals $2,590/mo. Return on cash invested is 19.11% in year one, and rental yield stands at 8.41% on a $369,600 basis. Equity gained on principal adds $2,385/yr, and 5% annual appreciation accumulates to $102,114 by year five. Five-year ROI measures 99.94% and total cumulative return in cash reaches $122,447. For financing, Ziffy Mortgage’s DSCR program evaluates $2,590/mo property income against a $1,809/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2006
2,613 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16056, Saxonburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,709 (74.8%) |
| Renter Occupied HU | 418 (18.3%) |
| Vacant Housing Units | 159 ( 7.0%) |
| Median Home Value | $350,116 |
| Average Home Value | $390,543 |
Housing Distribution
Address Breakdown
Residential
2,010
Single Family
1,776
Multi-Family
234
Businesses
210
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Listed by: Tamara Grassi • ACHIEVE REALTY, INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1692135
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.