213 Highland AvePitcairnPA15140
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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 Pitcairn at 213 Highland Ave, Pitcairn, PA, 15140 priced at $119,000 converts $904/mo rent into $125/mo cash flow after a $582/mo obligation. Total monthly income equals $904/mo, and annual cash flow totals $1,496/yr on $39,449 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 9.12% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 123.67% and total cumulative return in cash sums $48,785. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $904/mo property income covering a $582/mo payment, not borrower’s personal income.
Single Family
Built in 1910
801.50 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15140, Pitcairn, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 603 (35.5%) |
| Renter Occupied HU | 768 (45.2%) |
| Vacant Housing Units | 329 (19.4%) |
| Median Home Value | $82,467 |
| Average Home Value | $140,240 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,223
Multi-Family
174
Businesses
63
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Listed by: Harriett Koedel • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1704597
Disclaimer: Listing 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.