130 E Edgewood AveNew CastlePA16105
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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 New Castle at 130 E Edgewood Ave, New Castle, PA, 16105 priced at $130,500 converts $1,229/mo rent into $286/mo cash flow after a $639/mo obligation. Total monthly income equals $1,229/mo, and annual cash flow totals $3,432/yr on $43,261 invested. Return on cash invested prints 27.84% in year one, and rental yield reads 11.3% against a $130,500 entry. Equity gained on principal adds $842/yr, while 5% annual appreciation compiles into $36,055 by year five. Five-year ROI reaches 146.89% and total cumulative return in cash sums $63,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,229/mo property income covering a $639/mo payment, not borrower’s personal income.
Single Family
Built in 1950
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16105, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 5,094 (70.6%) |
| Renter Occupied HU | 1,509 (20.9%) |
| Vacant Housing Units | 612 ( 8.5%) |
| Median Home Value | $215,466 |
| Average Home Value | $242,202 |
Housing Distribution
Address Breakdown
Residential
6,896
Single Family
6,702
Multi-Family
194
Businesses
562
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Listed by: Russ Caggiano • REALTY ONE GROUP ULTIMATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1686195
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.