1020 Vine StWest NewtonPA15089
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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 West Newton at 1020 Vine St, West Newton, PA, 15089 with 5% annual appreciation on a $198,700 basis while $1,508/mo rent supports operations. Total monthly income totals $1,508/mo and a $973/mo payment preserves $205/mo for cash returns. Annual cash flow comes to $2,466/yr on $65,869 deployed, and return on cash invested reaches 23.65% in year one. Equity gained on principal adds $1,282/yr, and five-year appreciation sums $54,897 alongside rental yield of 9.11%. Five-year ROI measures 123.42% and total cumulative return in cash totals $81,296.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,508/mo property income versus a $973/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
N/A 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: Ron Hobbs • PALM SPRINGS REALTY
Mls Name: My State MLS
Mls ID: #11415604