118 Cortland DrNew StantonPA15672
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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 New Stanton at 118 Cortland Dr, New Stanton, PA, 15672 uses $86,157 cash to close to unlock $2,016/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,871/mo, and a $1,272/mo payment keeps the spread at $168/mo. Purchase price stands at $259,900, and rental yield measures 8.64% with $1,871/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 115.84% and total cumulative return in cash records $99,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,871/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1977
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15672, New Stanton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,656 (100%) |
| Owner Occupied HU | 1,074 (64.9%) |
| Renter Occupied HU | 460 (27.8%) |
| Vacant Housing Units | 122 ( 7.4%) |
| Median Home Value | $262,281 |
| Average Home Value | $300,696 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,212
Multi-Family
225
Businesses
133
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Listed by: Linda Yaley • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701887
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.