1509 Ray RdIndianaPA15701
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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 Indiana at 1509 Ray Rd, Indiana, PA, 15701 offers a 3.6% rental yield on a $519,900 purchase with $1,560/mo rent. 1% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,639 over five years. Portfolio math shows five-year ROI at 34.61% and total cumulative return in cash at $59,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15701, Indiana, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,125 (100%) |
| Owner Occupied HU | 7,390 (48.9%) |
| Renter Occupied HU | 5,822 (38.5%) |
| Vacant Housing Units | 1,913 (12.6%) |
| Median Home Value | $219,050 |
| Average Home Value | $249,115 |
Housing Distribution
Address Breakdown
Residential
13,826
Single Family
12,464
Multi-Family
1,362
Businesses
1,394
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Listed by: Bonnie Houck • The Preferred Realty
Mls Name: BHHS broker feed
Mls ID: #1717903