108 E 1st AveParkesburgPA19365
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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 Parkesburg at 108 E 1st Ave, Parkesburg, PA, 19365 offers a 9.39% rental yield on a $384,999 purchase with $3,012/mo rent. Total monthly income registers $3,012/mo, and a $1,884/mo payment leaves $490/mo available for distribution. Annual cash flow reaches $5,874/yr on $127,627 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 128% and total cumulative return in cash at $163,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,012/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19365, Parkesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,158 (70.3%) |
| Renter Occupied HU | 771 (25.1%) |
| Vacant Housing Units | 140 ( 4.6%) |
| Median Home Value | $376,448 |
| Average Home Value | $433,962 |
Housing Distribution
Address Breakdown
Residential
3,042
Single Family
2,847
Multi-Family
195
Businesses
239
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Listed by: Ivan Vega • JRHeller.com LLC
Mls Name: Bright MLS
Mls ID: #PACT2116698