1889 Riggs RdSouth ParkPA15129
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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
Rental property for sale in South Park at 1889 Riggs Rd, South Park, PA, 15129 generates $1,126/mo in rent and, after a $700/mo payment, leaves $45/mo in cash flow. Total monthly income is $1,126/mo, and annual cash flow is $545/yr on $47,405 invested. Return on cash invested sits at 21.06% in year one, and rental yield is 9.45% on a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash sums $52,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,126/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
6,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15129, South Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,164 (100%) |
| Owner Occupied HU | 3,612 (69.9%) |
| Renter Occupied HU | 1,190 (23.0%) |
| Vacant Housing Units | 362 ( 7.0%) |
| Median Home Value | $268,916 |
| Average Home Value | $351,619 |
Housing Distribution
Address Breakdown
Residential
5,163
Single Family
4,105
Multi-Family
1,058
Businesses
161
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Listed by: Libby Sosinski • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1700277
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.