23 Corbett AveIrwinPA15642
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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 Irwin at 23 Corbett Ave, Irwin, PA, 15642 priced at $200,000 pairs $1,883/mo rent with $572/mo cash flow after a $979/mo payment. Total monthly income equals $1,883/mo, and annual cash flow comes to $6,868/yr on $66,300 invested. Return on cash invested is 30.27% in year one, and rental yield stands at 11.3% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 158.93% and total cumulative return in cash reaches $105,368. For financing, Ziffy Mortgage’s DSCR program evaluates $1,883/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15642, Irwin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,340 (100%) |
| Owner Occupied HU | 16,291 (80.1%) |
| Renter Occupied HU | 2,979 (14.6%) |
| Vacant Housing Units | 1,070 ( 5.3%) |
| Median Home Value | $292,134 |
| Average Home Value | $334,371 |
Housing Distribution
Address Breakdown
Residential
19,788
Single Family
19,005
Multi-Family
783
Businesses
1,107
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Listed by: Adam Slivka • CENTURY 21 FAIRWAYS REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705578
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.