1043 Collinsburg RdWest 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
Total monthly income runs $1,034/mo, and a $1,370/mo payment. Purchase price stands at $279,900, and rental yield measures 4.43% with $1,034/mo rent. Return on cash invested shows 9.56% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 47.83% and total cumulative return in cash records $44,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,034/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.45 Acres 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: Mary Joe Popp • HOWARD HANNA MID MON VALLEY OFFICE
Mls Name: WPMLS
Mls ID: #1717456