2 S 5th StNewportPA17074
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
Rental property for sale in Newport at 2 S 5th St, Newport, PA, 17074 priced at $239,900 pairs $2,378/mo rent with $806/mo cash flow after a $1,174/mo payment. Total monthly income equals $2,378/mo, and annual cash flow comes to $9,674/yr on $79,527 invested. Return on cash invested is 32.07% in year one, and rental yield stands at 11.89% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 168.6% and total cumulative return in cash reaches $134,083. For financing, Ziffy Mortgage’s DSCR program evaluates $2,378/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1889
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17074, Newport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,247 (67.0%) |
| Renter Occupied HU | 763 (22.8%) |
| Vacant Housing Units | 342 (10.2%) |
| Median Home Value | $244,652 |
| Average Home Value | $279,470 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,053
Multi-Family
89
Businesses
206
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Listed by: JASON MCMULLEN • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PAPY2008048