230 Locust RdAddisonPA15411
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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 Addison at 230 Locust Rd, Addison, PA, 15411 priced at $239,900 converts $955/mo rent into after a $1,174/mo obligation. Total monthly income equals $955/mo. Return on cash invested prints 10.6% in year one, and rental yield reads 4.78% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 53.45% and total cumulative return in cash sums $42,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $955/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15411, Addison, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 241 (39.3%) |
| Renter Occupied HU | 35 ( 5.7%) |
| Vacant Housing Units | 337 (55.0%) |
| Median Home Value | $245,833 |
| Average Home Value | $302,178 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
21
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Listed by: Shelley Sharp • HOWARD HANNA MYERS REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1714667
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.