224 E 18th AveHomesteadPA15120
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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 Homestead at 224 E 18th Ave, Homestead, PA, 15120 uses $46,410 cash to close to unlock $2,482/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $685/mo payment keeps the spread at $207/mo. Purchase price stands at $140,000, and rental yield measures 9.63% with $1,124/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 131.99% and total cumulative return in cash records $61,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,443 sqft lot
$N/A/sqft
No HOA
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Listed by: Amanda Lawson • EQUITY REAL ESTATE
Mls Name: WPMLS
Mls ID: #1731085