1739 N Water AveHermitagePA16148
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 Hermitage at 1739 N Water Ave, Hermitage, PA, 16148 uses $46,377 cash to close to unlock $2,424/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,119/mo, and a $685/mo payment keeps the spread at $202/mo. Purchase price stands at $139,900, and rental yield measures 9.6% with $1,119/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 131.35% and total cumulative return in cash records $60,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,119/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1927
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16148, Hermitage, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,870 (100%) |
| Owner Occupied HU | 5,203 (66.1%) |
| Renter Occupied HU | 2,032 (25.8%) |
| Vacant Housing Units | 635 ( 8.1%) |
| Median Home Value | $211,289 |
| Average Home Value | $263,165 |
Housing Distribution
Address Breakdown
Residential
7,856
Single Family
6,972
Multi-Family
884
Businesses
1,014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vickie Beckman • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1730113