1024 McGovern RdHoustonPA15342
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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 Houston at 1024 McGovern Rd, Houston, PA, 15342 generates $1,912/mo in rent, after a $1,669/mo payment. Total monthly income is $1,912/mo. Return on cash invested sits at 16.49% in year one, and rental yield is 6.73% on a $341,000 entry. Equity gained on principal adds $2,200/yr, while 5% annual appreciation builds toward $94,212 over five years. Five-year ROI reaches 84.97% and total cumulative return in cash sums $96,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,912/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15342, Houston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,802 (73.3%) |
| Renter Occupied HU | 481 (19.6%) |
| Vacant Housing Units | 176 ( 7.2%) |
| Median Home Value | $296,364 |
| Average Home Value | $332,478 |
Housing Distribution
Address Breakdown
Residential
2,335
Single Family
2,281
Multi-Family
54
Businesses
146
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Listed by: John Fincham • Keller Williams Realty
Mls Name: WPMLS
Mls ID: #1720453