1303 Forest AveNew KensingtonPA15068
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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 Kensington at 1303 Forest Ave, New Kensington, PA, 15068 generates $1,312/mo in rent and, after a $954/mo payment, leaves $35/mo in cash flow. Total monthly income is $1,312/mo, and annual cash flow is $415/yr on $64,643 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 8.07% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 106.79% and total cumulative return in cash sums $69,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,312/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2,042 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15068, New Kensington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,454 (100%) |
| Owner Occupied HU | 11,876 (64.4%) |
| Renter Occupied HU | 4,576 (24.8%) |
| Vacant Housing Units | 2,002 (10.8%) |
| Median Home Value | $194,212 |
| Average Home Value | $234,679 |
Housing Distribution
Address Breakdown
Residential
17,104
Single Family
15,685
Multi-Family
1,419
Businesses
1,003
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Listed by: Brandy Fabry • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1703172
Disclaimer: IDX 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.