11359 Martin RdNorth EastPA16428
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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
Rental property for sale in North East at 11359 Martin Rd, North East, PA, 16428 generates $2,408/mo in rent and, after a $1,591/mo payment, leaves $278/mo in cash flow. Total monthly income is $2,408/mo, and annual cash flow is $3,336/yr on $107,738 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 8.89% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 119.97% and total cumulative return in cash sums $129,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,408/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16428, North East, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,453 (100%) |
| Owner Occupied HU | 3,935 (72.2%) |
| Renter Occupied HU | 1,076 (19.7%) |
| Vacant Housing Units | 442 ( 8.1%) |
| Median Home Value | $230,046 |
| Average Home Value | $271,376 |
Housing Distribution
Address Breakdown
Residential
5,192
Single Family
4,864
Multi-Family
328
Businesses
355
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Listed by: Libby Remache • Howard Hanna Erie East
Mls Name: GEMLS
Mls ID: #189133