216 Kimmel LnRockwoodPA15557
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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 Rockwood at 216 Kimmel Ln, Rockwood, PA, 15557 priced at $299,000 converts $1,008/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,008/mo. Return on cash invested prints 8.4% in year one, and rental yield reads 4.05% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 41.63% and total cumulative return in cash sums $41,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,008/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15557, Rockwood, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,985 (100%) |
| Owner Occupied HU | 1,203 (60.6%) |
| Renter Occupied HU | 249 (12.5%) |
| Vacant Housing Units | 533 (26.9%) |
| Median Home Value | $180,288 |
| Average Home Value | $230,596 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,602
Multi-Family
35
Businesses
116
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Listed by: Robin Byard • AL MEUCCI REAL ESTATE
Mls Name: WPMLS
Mls ID: #1727236