1203 Sonman AvePortagePA15946
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Portage at 1203 Sonman Ave, Portage, PA, 15946 priced at $185,000 pairs $1,409/mo rent with $197/mo cash flow after a $905/mo payment. Total monthly income equals $1,409/mo, and annual cash flow comes to $2,367/yr on $61,328 invested. Return on cash invested is 23.77% in year one, and rental yield stands at 9.14% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 124.06% and total cumulative return in cash reaches $76,083. For financing, Ziffy Mortgage’s DSCR program evaluates $1,409/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15946, Portage, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,214 (73.2%) |
| Renter Occupied HU | 500 (16.5%) |
| Vacant Housing Units | 311 (10.3%) |
| Median Home Value | $152,524 |
| Average Home Value | $176,764 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,877
Multi-Family
46
Businesses
142
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Nearby investment properties with comparable prices
Listed by: Amy Hite • L&H Realty Group
Mls Name: AHAR
Mls Provider:
Mls ID: #76889
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