1505 Raymond AveLatrobePA15650
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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 Latrobe at 1505 Raymond Ave, Latrobe, PA, 15650 generates $1,250/mo in rent and, after a $807/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,250/mo, and annual cash flow is $2,034/yr on $54,664 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 9.1% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash sums $67,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,250/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15650, Latrobe, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 8,683 (69.1%) |
| Renter Occupied HU | 2,789 (22.2%) |
| Vacant Housing Units | 1,102 ( 8.8%) |
| Median Home Value | $230,190 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
11,906
Single Family
11,389
Multi-Family
517
Businesses
950
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Listed by: Katherine Franks • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1718638
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.