1114 2nd StFayette CityPA15438
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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 Fayette City at 1114 2nd St, Fayette City, PA, 15438 offers a 9.49% rental yield on a $107,900 purchase with $853/mo rent. Total monthly income registers $853/mo, and a $528/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,753/yr on $35,769 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $696/yr while 5% annual appreciation supports $29,811 over five years. Portfolio math shows five-year ROI at 129.77% and total cumulative return in cash at $46,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $853/mo property income against a $528/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15438, Fayette City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,095 (100%) |
| Owner Occupied HU | 791 (72.2%) |
| Renter Occupied HU | 167 (15.3%) |
| Vacant Housing Units | 137 (12.5%) |
| Median Home Value | $188,720 |
| Average Home Value | $249,339 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
743
Multi-Family
0
Businesses
33
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Listed by: Justin Riapos • LIFESPACE REAL ESTATE CO.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1712494
Disclaimer: Listing 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.