110 W Madison AveNew CastlePA16102
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 110 W Madison Ave, New Castle, PA, 16102 listed at $112,000 pairs $883/mo rent with a $548/mo payment to leave $149/mo cash flow. Total monthly income runs $883/mo, and annual cash flow reaches $1,791/yr on $37,128 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 9.46% at a $112,000 basis. Equity gained on principal adds $723/yr, and annual property appreciation at 5% supports $30,944 by year five. Five-year ROI tracks 129.29% and total cumulative return in cash totals $48,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $883/mo property income relative to a $548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
2,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16102, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,463 (100%) |
| Owner Occupied HU | 1,649 (67.0%) |
| Renter Occupied HU | 556 (22.6%) |
| Vacant Housing Units | 258 (10.5%) |
| Median Home Value | $157,935 |
| Average Home Value | $274,357 |
Housing Distribution
Address Breakdown
Residential
2,290
Single Family
2,242
Multi-Family
48
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francesca Ferrara • CASTLE REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1702854
Disclaimer: IDX 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.