1119 1st StGrindstonePA15442
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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 Grindstone at 1119 1st St, Grindstone, PA, 15442 offers a 7.6% rental yield on a $151,000 purchase with $956/mo rent. 11% in year one. Equity gained on principal adds $974/yr while 5% annual appreciation supports $41,719 over five years. Portfolio math shows five-year ROI at 99.05% and total cumulative return in cash at $49,580. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $956/mo property income against a $739/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1921
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15442, Grindstone, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,095 (100%) |
| Owner Occupied HU | 746 (68.1%) |
| Renter Occupied HU | 263 (24.0%) |
| Vacant Housing Units | 86 ( 7.9%) |
| Median Home Value | $155,592 |
| Average Home Value | $206,924 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
831
Multi-Family
14
Businesses
44
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Listed by: Gina Liptak • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1700971
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.