143 Mitchell StHastingsPA16646
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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 Hastings at 143 Mitchell St, Hastings, PA, 16646 uses $39,780 cash to close to unlock $4,236/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $1,139/mo, and a $587/mo payment keeps the spread at $353/mo. Purchase price stands at $120,000, and rental yield measures 11.39% with $1,139/mo rent. Return on cash invested shows 30.56% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 160.41% and total cumulative return in cash records $63,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,139/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16646, Hastings, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 792 (76.0%) |
| Renter Occupied HU | 153 (14.7%) |
| Vacant Housing Units | 97 ( 9.3%) |
| Median Home Value | $118,164 |
| Average Home Value | $174,132 |
Housing Distribution
Address Breakdown
Residential
502
Single Family
502
Multi-Family
0
Businesses
56
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Listed by: Adam Conrad Team • Perry Wellington Realty, LLC
Mls Name: AHAR
Mls Provider:
Mls ID: #73510
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