103 W Garfield AveNew CastlePA16105
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
Investment Highlights
Rental property for sale in New Castle at 103 W Garfield Ave, New Castle, PA, 16105 priced at $149,900 pairs $1,159/mo rent with $176/mo cash flow after a $734/mo payment. Total monthly income equals $1,159/mo, and annual cash flow comes to $2,117/yr on $49,692 invested. Return on cash invested is 24.17% in year one, and rental yield stands at 9.28% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 126.25% and total cumulative return in cash reaches $62,735. For financing, Ziffy Mortgage’s DSCR program evaluates $1,159/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16105, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 5,094 (70.6%) |
| Renter Occupied HU | 1,509 (20.9%) |
| Vacant Housing Units | 612 ( 8.5%) |
| Median Home Value | $215,466 |
| Average Home Value | $242,202 |
Housing Distribution
Address Breakdown
Residential
6,896
Single Family
6,702
Multi-Family
194
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Skylar Carna • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1719430
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.