126 N 2nd StShippenvillePA16254
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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 Shippenville at 126 N 2nd St, Shippenville, PA, 16254 offers $1,156/mo rent that, after a $1,028/mo payment. Total monthly income is $1,156/mo. Return on cash invested measures 16.11% in year one, and rental yield stands at 6.61% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 82.97% and total cumulative return in cash reaches $57,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,156/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16254, Shippenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 1,061 (72.1%) |
| Renter Occupied HU | 227 (15.4%) |
| Vacant Housing Units | 184 (12.5%) |
| Median Home Value | $164,792 |
| Average Home Value | $206,256 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
133
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Nearby investment properties with comparable prices
Listed by: Robert Bodenhorn • Burford & Henry Real Estate Services
Mls Name: Allegheny Valley BOR
Mls ID: #161062
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.