2211 Newton StClaridgePA15623
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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 Claridge at 2211 Newton St, Claridge, PA, 15623 offers a 10.19% rental yield on a $225,000 purchase with $1,910/mo rent. Total monthly income registers $1,910/mo, and a $1,101/mo payment leaves $436/mo available for distribution. Annual cash flow reaches $5,230/yr on $74,588 to close, and return on cash invested stands at 26.92% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 140.93% and total cumulative return in cash at $105,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,910/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15623, Claridge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 342 (100%) |
| Owner Occupied HU | 246 (71.9%) |
| Renter Occupied HU | 65 (19.0%) |
| Vacant Housing Units | 31 ( 9.1%) |
| Median Home Value | $289,831 |
| Average Home Value | $351,799 |
Housing Distribution
Address Breakdown
Residential
354
Single Family
354
Multi-Family
0
Businesses
17
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Listed by: Steve Limani • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls ID: #1731878