124 Connoq Main StConnoquenessingPA16027
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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 Connoquenessing at 124 Connoq Main St, Connoquenessing, PA, 16027 uses $119,307 cash to close to unlock $3,146/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $2,621/mo, and a $1,762/mo payment keeps the spread at $262/mo. Purchase price stands at $359,900, and rental yield measures 8.74% with $2,621/mo rent. Return on cash invested shows 22.55% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 117.5% and total cumulative return in cash records $140,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,621/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2019
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16027, Connoquenessing, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 151 (69.6%) |
| Renter Occupied HU | 17 ( 7.8%) |
| Vacant Housing Units | 49 (22.6%) |
| Median Home Value | $388,462 |
| Average Home Value | $414,669 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Listed by: Marianne Hall • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1715926
Disclaimer: Listing 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.