1506 Homestead RdVeronaPA15147
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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 Verona at 1506 Homestead Rd, Verona, PA, 15147 listed at $165,000 pairs $2,218/mo rent with a $808/mo payment to leave $1,129/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $13,544/yr on $54,698 cash to close. Return on cash invested measures 44.67% in year one, and rental yield registers 16.13% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 236.19% and total cumulative return in cash totals $129,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
3,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15147, Verona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,596 (63.6%) |
| Renter Occupied HU | 2,318 (26.3%) |
| Vacant Housing Units | 887 (10.1%) |
| Median Home Value | $172,315 |
| Average Home Value | $256,875 |
Housing Distribution
Address Breakdown
Residential
8,088
Single Family
7,172
Multi-Family
916
Businesses
365
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Listed by: Kimberly Lawther • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705456
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.