222 Old Racetrack RdParkesburgPA19365
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 Parkesburg at 222 Old Racetrack Rd, Parkesburg, PA, 19365 offers $2,531/mo rent that, after a $1,591/mo payment, leaves $401/mo cash flow. Total monthly income is $2,531/mo, and annual cash flow is $4,812/yr on $107,738 cash. Return on cash invested measures 24.38% in year one, and rental yield stands at 9.35% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 127.31% and total cumulative return in cash reaches $137,161. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,531/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19365, Parkesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,158 (70.3%) |
| Renter Occupied HU | 771 (25.1%) |
| Vacant Housing Units | 140 ( 4.6%) |
| Median Home Value | $376,448 |
| Average Home Value | $433,962 |
Housing Distribution
Address Breakdown
Residential
3,042
Single Family
2,847
Multi-Family
195
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Whitt • Keller Williams Elite
Mls Name: Bright MLS
Mls ID: #PACT2115586