120 E 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 120 E 1st St, Grindstone, PA, 15442 earns $33/mo cash flow from $1,337/mo rent with a $974/mo payment. Total monthly income totals $1,337/mo, and annual cash flow totals $396/yr on $65,969 capital. ROI tracks 20.51% on current figures, and rental yield reads 8.06% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash sums $70,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,337/mo property income instead of your personal income.
Single Family
Built in 1930
7,666 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: Lisa Reed • HOWARD HANNA MID MON VALLEY OFFICE
Mls Name: WPMLS
Mls ID: #1715834