1029 School StIndianaPA15701
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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 Indiana at 1029 School St, Indiana, PA, 15701 uses $39,449 cash to close to unlock $2,960/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $1,026/mo, and a $582/mo payment keeps the spread at $247/mo. Purchase price stands at $119,000, and rental yield measures 10.35% with $1,026/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 143.59% and total cumulative return in cash records $56,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,026/mo property income covering a $582/mo payment rather than investor’s personal income.
Multi Family
Built in 1940
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15701, Indiana, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,125 (100%) |
| Owner Occupied HU | 7,390 (48.9%) |
| Renter Occupied HU | 5,822 (38.5%) |
| Vacant Housing Units | 1,913 (12.6%) |
| Median Home Value | $219,050 |
| Average Home Value | $249,115 |
Housing Distribution
Address Breakdown
Residential
13,826
Single Family
12,464
Multi-Family
1,362
Businesses
1,394
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Listed by: Heather DeStefano • OAK GROVE REALTY LLC
Mls Name: WPMLS
Mls ID: #1714178