189 Mineral Point RdMineral PointPA15942
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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 Mineral Point at 189 Mineral Point Rd, Mineral Point, PA, 15942 priced at $325,000 pairs $1,468/mo rent with after a $1,591/mo payment. Total monthly income equals $1,468/mo. Return on cash invested is 12.54% in year one, and rental yield stands at 5.42% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 63.83% and total cumulative return in cash reaches $68,773. For financing, Ziffy Mortgage’s DSCR program evaluates $1,468/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15942, Mineral Point, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 849 (100%) |
| Owner Occupied HU | 686 (80.8%) |
| Renter Occupied HU | 91 (10.7%) |
| Vacant Housing Units | 72 ( 8.5%) |
| Median Home Value | $176,786 |
| Average Home Value | $208,218 |
Housing Distribution
Address Breakdown
Residential
833
Single Family
833
Multi-Family
0
Businesses
16
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Listed by: Helen Dugan • COLDWELL BANKER PRESTIGE REALTY
Mls Name: CSMLS
Mls Provider:
Mls ID: #96036164
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.