1509 Ray RdIndianaPA15701
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1509 Ray Rd, Indiana, PA, 15701 in Indiana is priced for appreciation, not yield. Rental yield 3.6%. At $519,900 with a 3.6% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $143,639 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.67) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $79,114.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 6.2% |
| Monthly Cash Flow | $(1,847) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $3,200 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bonnie Houck • The Preferred Realty
Mls Name: BHHS broker feed
Mls ID: #1717903