1617 Oak Avenue ExtTurtle CreekPA15145
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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 Turtle Creek at 1617 Oak Avenue Ext, Turtle Creek, PA, 15145 uses $38,123 cash to close to unlock $1,635/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $890/mo, and a $563/mo payment keeps the spread at $136/mo. Purchase price stands at $115,000, and rental yield measures 9.29% with $890/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 126.41% and total cumulative return in cash records $48,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $890/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1945
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15145, Turtle Creek, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,634 (100%) |
| Owner Occupied HU | 1,385 (38.1%) |
| Renter Occupied HU | 1,768 (48.7%) |
| Vacant Housing Units | 481 (13.2%) |
| Median Home Value | $105,826 |
| Average Home Value | $172,704 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
2,956
Multi-Family
362
Businesses
174
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Listed by: Benjamin Clark • DESANTIS PROPERTY MANAGEMENT LLC
Mls Name: WPMLS
Mls ID: #1722918