115 Ross StConfluencePA15424
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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 Confluence at 115 Ross St, Confluence, PA, 15424 offers $1,109/mo rent that, after a $974/mo payment. Total monthly income is $1,109/mo. Return on cash invested measures 16.36% in year one, and rental yield stands at 6.69% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 84.3% and total cumulative return in cash reaches $55,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,109/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1938
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15424, Confluence, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,620 (100%) |
| Owner Occupied HU | 730 (45.1%) |
| Renter Occupied HU | 251 (15.5%) |
| Vacant Housing Units | 639 (39.4%) |
| Median Home Value | $201,786 |
| Average Home Value | $272,349 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
61
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Listed by: Ron Lovelace • RE/MAX PROFESSIONALS
Mls Name: WPMLS
Mls Provider:
Mls ID: #1682544
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.