16 Coates AveNew CastlePA16101
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
Investment Highlights
Investment property for sale in New Castle at 16 Coates Ave, New Castle, PA, 16101 at $199,900 posts ROI 16.77% with from $1,136/mo rent. Total monthly income equals $1,136/mo. Return on cash invested measures 16.77% and rental yield reads 6.82% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 86.52% and total cumulative return in cash totals $57,337. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16101, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,658 (100%) |
| Owner Occupied HU | 9,106 (62.1%) |
| Renter Occupied HU | 3,972 (27.1%) |
| Vacant Housing Units | 1,580 (10.8%) |
| Median Home Value | $143,785 |
| Average Home Value | $183,240 |
Housing Distribution
Address Breakdown
Residential
14,087
Single Family
12,897
Multi-Family
1,190
Businesses
1,064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Peluso • CASTLE REALTY
Mls Name: WPMLS
Mls ID: #1726626