108 Okinawa DrNew 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
Investment property for sale in New Castle at 108 Okinawa Dr, New Castle, PA, 16105 at $336,500 posts ROI 20.39% with $45/mo cash flow from $2,250/mo rent. Total monthly income equals $2,250/mo, and annual cash flow records $540/yr on $111,550 to close. Return on cash invested measures 20.39% and rental yield reads 8.02% at the current $336,500. Equity gained on principal adds $2,171/yr, and 5% annual appreciation supports $92,969 by year five. Five-year ROI prints 105.91% and total cumulative return in cash totals $118,139.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.62 Acres 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
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Nearby investment properties with comparable prices
Listed by: Mary Ann Moats • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1738383