1024 Pitt RdNewfoundlandPA18445
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1024 Pitt Rd, Newfoundland, PA, 18445 in Newfoundland: $2,610/mo in rent, $1,031/mo net, 14.19% gross yield, all on a $220,700 acquisition. The 2.63 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,975 in value, and $2,033/yr in principal paydown steadily builds equity. Projected total cumulative return: $151,024.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.2% |
| Monthly Cash Flow | $1,031 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,610 |
| Total Monthly Debt Service | $1,491 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1990
0.58 Acres lot
$N/A/sqft
$1,595 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18445, Newfoundland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 833 (53.9%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 546 (35.3%) |
| Median Home Value | $311,635 |
| Average Home Value | $359,898 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
69
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
Single Family
Built in 1990
0.58 Acres lot
$N/A/sqft
$1,595 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18445, Newfoundland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 833 (53.9%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 546 (35.3%) |
| Median Home Value | $311,635 |
| Average Home Value | $359,898 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Derrick • Keller Williams RE Hawley
Mls Name: PWAR
Mls Provider:
Mls ID: #PW251805
Disclaimer: IDX 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.