1497 8th AveFreedomPA15042
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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 Freedom at 1497 8th Ave, Freedom, PA, 15042 generates $1,436/mo in rent and, after a $1,003/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,436/mo, and annual cash flow is $1,116/yr on $67,958 invested. Return on cash invested sits at 21.55% in year one, and rental yield is 8.41% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 112.19% and total cumulative return in cash sums $76,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,436/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15042, Freedom, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,824 (100%) |
| Owner Occupied HU | 2,934 (76.7%) |
| Renter Occupied HU | 561 (14.7%) |
| Vacant Housing Units | 329 ( 8.6%) |
| Median Home Value | $248,456 |
| Average Home Value | $299,692 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,523
Multi-Family
54
Businesses
110
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Listed by: Shawna Wilson-Brodmerkel • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1731297