2 E Moody AveNew CastlePA16101
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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 New Castle at 2 E Moody Ave, New Castle, PA, 16101 offers a 9.36% rental yield on a $139,000 purchase with $1,084/mo rent. Total monthly income registers $1,084/mo, and a $680/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,082/yr on $46,079 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 127.6% and total cumulative return in cash at $58,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,084/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.60 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
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Listed by: Maureen Chiafullo-Haid • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1688862