1108 Evans City RdRenfrewPA16053
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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 Renfrew at 1108 Evans City Rd, Renfrew, PA, 16053 offers a 9.13% rental yield on a $340,000 purchase with $2,586/mo rent. Total monthly income registers $2,586/mo, and a $1,664/mo payment leaves $358/mo available for distribution. Annual cash flow reaches $4,298/yr on $112,710 to close, and return on cash invested stands at 23.72% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 123.8% and total cumulative return in cash at $139,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,586/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16053, Renfrew, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,926 (100%) |
| Owner Occupied HU | 1,614 (83.8%) |
| Renter Occupied HU | 208 (10.8%) |
| Vacant Housing Units | 104 ( 5.4%) |
| Median Home Value | $378,238 |
| Average Home Value | $408,648 |
Housing Distribution
Address Breakdown
Residential
1,814
Single Family
1,746
Multi-Family
68
Businesses
64
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Listed by: Thomas McIntyre • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1683605
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.